M&A Deal Summary

New York American Water Co. Acquires Spring Glen Lake Water Company

On July 6, 2015, New York American Water Co. acquired utilities company Spring Glen Lake Water Company

Acquisition Highlights
  • This is New York American Water Co.’s 1st transaction in the Utilities sector.
  • This is New York American Water Co.’s 1st transaction in the United States.
  • This is New York American Water Co.’s 1st transaction in New York.

M&A Deal Summary

Date 2015-07-06
Target Spring Glen Lake Water Company
Sector Utilities
Buyer(s) New York American Water Co.
Deal Type Add-on Acquisition

Target

Spring Glen Lake Water Company

New Hampton, New York, United States
Spring Glen Lake Water Company LLC is a provider of water and wastewater services.

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Buyer(S) 1

Buyer

New York American Water Co.

Merrick, New York, United States

Category Company
Sector Utilities
DESCRIPTION

New York American Water Co. is a local water company serve more than 370,000 people, in approximately 50 communities, supplying high quality water service.


DEAL STATS #
Overall 1 of 2
Sector: Utilities M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: New York M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-09 Mill Neck Estates Water System

Mill Neck, New York, United States

Mill Neck Estates Water System is a provider of high-quality and reliable water services to Village of Mill Neck.

Buy -