Add-on Acquisition • Utilities

NW Natural Water Acquires Belle Oaks Water

On April 14, 2021, NW Natural Water acquired utilities company Belle Oaks Water

Acquisition Context
  • This is NW Natural Water’s 5th transaction in the Utilities sector.
  • This is NW Natural Water’s 5th transaction in the United States.
  • This is NW Natural Water’s 1st transaction in Texas.

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M&A Deal Summary

Date April 14, 2021
Target Belle Oaks Water
Sector Utilities
Buyer(s) NW Natural Water
Deal Type Add-on Acquisition

Target Company

Belle Oaks Water

Beaumont, Texas, United States
Belle Oaks Water is a provider of water distribution and wastewater services to communities throughout Texas.
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Buyer Overview 1

Buyer

NW Natural Water

Portland, Oregon, United States

Category Company
Sector Utilities
DESCRIPTION

NW Natural Water currently provides water distribution and wastewater services to communities throughout the Pacific Northwest and Texas. NW Natural Water will serve approximately 65,000 people through approximately 27,000 connections.


Deal Context for Buyer #
Overall 5 of 9
Sector: Utilities 5 of 9
Type: Add-on Acquisition 5 of 8
State: Texas 1 of 1
Country: United States 5 of 9
Year: 2021 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Morning View Water

North Rigby, Idaho, United States

Morning View Water is a provider of water distribution and wastewater services to communities throughout Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Avion Water

Bend, Oregon, United States

Avion Water is an investor-owned water utility operates in Bend and the surrounding communities, serving approximately 15,000 customer connections. Avion Water was founded in 1968 and is based in Bend, Oregon.

Buy -