M&A Deal Summary

NW Natural Acquires Suncadia Resort - Water and Wastewater Utilities

On February 3, 2020, NW Natural acquired utilities company Suncadia Resort - Water and Wastewater Utilities from Suncadia Resort

Acquisition Highlights
  • This is NW Natural’s 3rd transaction in the Utilities sector.
  • This is NW Natural’s 3rd transaction in the United States.
  • This is NW Natural’s 1st transaction in Texas.

M&A Deal Summary

Date 2020-02-03
Target Suncadia Resort - Water and Wastewater Utilities
Sector Utilities
Buyer(s) NW Natural
Sellers(s) Suncadia Resort
Deal Type Divestiture

Target

Suncadia Resort - Water and Wastewater Utilities

Texas, United States
Suncadia Resort - Water and Wastewater Utilities is a provider of safe utility services based in Texas and Idaho.

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Buyer(S) 1

Buyer

NW Natural

Portland, Oregon, United States

Category Company
Founded 1859
Sector Energy Services and Equipment
Employees1,380
Revenue 1.2B USD (2023)
DESCRIPTION

NW Natural is a provider of natural gas service to about 687,000 residential, commercial, and industrial customers in Oregon and Southwest Washington. NW Natural was founded in 1859 and is based in Portland, Oregon.


DEAL STATS #
Overall 3 of 3
Sector (Utilities) 3 of 3
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-15 Sunriver Utilities

Sunriver, Oregon, United States

Sunriver Utilities Co. Inc. supplies water to over 4,338 residential, commercial and irrigation customers in the Sunriver, Crosswater, Vandevert and Caldera Springs communities. Each and every customer is important to us and we want to keep you informed about the excellent water and services delivered to you over the past year. Our goal is and always has been, to provide to you a safe and dependable supply of drinking water.

Buy -

Seller(S) 1

SELLER

Suncadia Resort

Cle Elum, Washington, United States

Category Company
Founded 2003
Sector Leisure
DESCRIPTION

Suncadia Resort is a fast-growing resort community that attracts visitors year-round from Seattle, Tacoma, and the greater Pacific Northwest. Currently, the Suncadia utilities serve 2,800 connections. Suncadia Resort was formed in 2003 and is based in Cle Elum, Washington.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1