M&A Deal Summary

New Jersey American Water Co. Acquires Roxiticus Water Co.

On February 24, 2016, New Jersey American Water Co. acquired utilities company Roxiticus Water Co.

Acquisition Highlights
  • This is New Jersey American Water Co.’s 2nd transaction in the Utilities sector.
  • This is New Jersey American Water Co.’s 3rd transaction in the United States.
  • This is New Jersey American Water Co.’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2016-02-24
Target Roxiticus Water Co.
Sector Utilities
Buyer(s) New Jersey American Water Co.
Deal Type Add-on Acquisition

Target

Roxiticus Water Co.

Cherry Hill, New Jersey, United States
Roxiticus Water Co. Inc. is a provider of water and wastewater services to 104 customers.

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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 3 of 8
Sector: Utilities M&A 2 of 7
Type: Add-on Acquisition M&A Deals 3 of 7
State: New Jersey M&A 1 of 6
Country: United States M&A 3 of 8
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 Haddonfield Water & Wastewater System

United States

Haddonfield Water & Wastewater System serving the 4,500 water and wastewater customers in Haddonfield.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-19 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.

Buy -