M&A Deal Summary

New Jersey American Water Co. Acquires Manville Wastewater Collection System

On November 1, 2024, New Jersey American Water Co. acquired utilities company Manville Wastewater Collection System for 7M USD

Acquisition Highlights
  • This is New Jersey American Water Co.’s 6th transaction in the Utilities sector.
  • This is New Jersey American Water Co.’s 2nd largest (disclosed) transaction.
  • This is New Jersey American Water Co.’s 7th transaction in the United States.
  • This is New Jersey American Water Co.’s 5th transaction in New Jersey.

M&A Deal Summary

Date 2024-11-01
Target Manville Wastewater Collection System
Sector Utilities
Buyer(s) New Jersey American Water Co.
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Manville Wastewater Collection System

Manville, New Jersey, United States
Manville Wastewater Collection System is a wastewater service provider, based in Manville, New Jersey.

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Buyer(S) 1

Buyer

New Jersey American Water Co.

Voorhees, New Jersey, United States

Category Company
Sector Utilities
DESCRIPTION

New Jersey American Water Co. Inc. is a local water and wastewater company serves approximately 2.5 million people, in 17 counties, supplying high quality water and wastewater service.


DEAL STATS #
Overall 7 of 8
Sector: Utilities M&A 6 of 7
Type: Add-on Acquisition M&A Deals 6 of 7
State: New Jersey M&A 5 of 6
Country: United States M&A 7 of 8
Year: 2024 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-22 Long Hill Township Sewer System

New Jersey, United States

Long Hill Township Sewer System serves approximately 2,800 customers.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-21 Gordon’s Corner Water

Marlboro, New Jersey, United States

Gordon’s Corner Water is a privately owned, regulated water utility serving approximately 16,000 customer connections in Marlboro and Manalapan Townships, Monmouth County, New Jersey. Gordon’s Corner Water is based in Marlboro, New Jersey.

Buy -