M&A Deal Summary

New Jersey American Water Co. Acquires Roxbury Water Co.

On July 19, 2018, New Jersey American Water Co. acquired utilities company Roxbury Water Co.

Acquisition Highlights
  • This is New Jersey American Water Co.’s 3rd transaction in the Utilities sector.
  • This is New Jersey American Water Co.’s 4th transaction in the United States.
  • This is New Jersey American Water Co.’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2018-07-19
Target Roxbury Water Co.
Sector Utilities
Buyer(s) New Jersey American Water Co.
Deal Type Add-on Acquisition

Target

Roxbury Water Co.

Succasunna, New Jersey, United States
Roxbury Water Co. is an owns and operates water utility that provides service to nearly 3,900 customer accounts in Morris County, N.J.

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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 4 of 8
Sector: Utilities M&A 3 of 7
Type: Add-on Acquisition M&A Deals 4 of 7
State: New Jersey M&A 2 of 6
Country: United States M&A 4 of 8
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-24 Roxiticus Water Co.

Cherry Hill, New Jersey, United States

Roxiticus Water Co. Inc. is a provider of water and wastewater services to 104 customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 Borough of Mount Ephraim - Wastewater Assets

Mount Ephraim, New Jersey, United States

Borough of Mount Ephraim - Wastewater Assets serves approximately 1,800 customers.

Buy $1M