M&A Deal Summary

Iowa American Water Acquires Yes Communities Water Systems

On March 8, 2016, Iowa American Water acquired utilities company Yes Communities Water Systems from Yes Communities

Acquisition Highlights
  • This is Iowa American Water’s 1st transaction in the Utilities sector.
  • This is Iowa American Water’s 1st transaction in the United States.
  • This is Iowa American Water’s 1st transaction in Colorado.

M&A Deal Summary
Date 2016-03-08
Target Yes Communities Water Systems
Sector Utilities
Buyer(s) Iowa American Water
Sellers(s) Yes Communities
Deal Type Divestiture

Target

Yes Communities Water Systems

Denver, Colorado, United States
Yes Communities Water Systems is a provider of water services to 850 customers. YES Communities’ water systems for three of its properties in Davenport, including Five Seasons, Lakewood Estates and Silver Creek manufactured home communities.

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Buyer(S) 1

Buyer

Iowa American Water

Davenport, Iowa, United States
Category Company
Sector Utilities
DESCRIPTION

Iowa American Water Co. is a water company serve over 195,000 people in seven communities, supplying high quality water and wastewater service.

DEAL STATS #
Overall 1 of 2
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 Royal Pines Village Mobile Home Park

Clinton, Iowa, United States

Royal Pines Village Mobile Home Park is a 193-unit manufactured home community, housing people of all ages. Royal Pines Village offers new and pre-owned homes to fit a budget.

Buy -

Seller(S) 1

SELLER

Yes Communities

Denver, Colorado, United States
Category Company
Founded 2007
Sector Consumer Services
DESCRIPTION

Yes Communities, Inc. is a operator of manufactured home communities that were customer-driven, innovative and where the resident was truly hearing YES! to building a community all their own. This vision has manifested into a company that is providing customers with an affordable place to live and a culture that continues to say YES! to their residents.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Mergr

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