M&A Deal Summary

Indiana American Water Acquires Merom Water System

On March 11, 2014, Indiana American Water acquired utilities company Merom Water System

Acquisition Highlights
  • This is Indiana American Water’s 2nd transaction in the Utilities sector.
  • This is Indiana American Water’s 2nd transaction in the United States.
  • This is Indiana American Water’s 1st transaction in Indiana.

M&A Deal Summary
Date 2014-03-11
Target Merom Water System
Sector Utilities
Buyer(s) Indiana American Water
Deal Type Add-on Acquisition

Target

Merom Water System

Indiana, United States
Merom Water System is a municipal water utility located in western Indiana. Merom Water System consists of approximately 125 customers to the company’s customer base and serves a population of approximately 250 residents.

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Buyer(S) 1

Buyer

Indiana American Water

Greenwood,, Indiana, United States
Category Company
Founded 1936
Sector Utilities
DESCRIPTION

Indiana American Water is a local water and wastewater company. Indiana American Water is committed to delivering high quality water to all customers in Indiana. Company conduct over 34,000 tests per year for about 100 potential contaminants, checking drinking water quality at every stage of the water treatment and delivery process.

DEAL STATS #
Overall 2 of 10
Sector (Utilities) 2 of 10
Type (Add-on Acquisition) 1 of 9
State (Indiana) 1 of 7
Country (United States) 2 of 10
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-11 Marion Heights - Water System

United States

Marion Heights - Water System provides 410 customer base and serves a population of more than 1,100 residents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-28 Yankeetown Water

Florida, United States

Yankeetown Water is a provider of water utility services, it has 633 customers to the company’s customer base and serves a population of approximately 1,700 residents.

Buy -
Mergr

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