M&A Deal Summary

Pennsylvania American Water Acquires Shippenville Borough Wastewater System

On October 21, 2015, Pennsylvania American Water acquired utilities company Shippenville Borough Wastewater System

Acquisition Highlights
  • This is Pennsylvania American Water’s 7th transaction in the Utilities sector.
  • This is Pennsylvania American Water’s 6th transaction in the United States.
  • This is Pennsylvania American Water’s 6th transaction in Pennsylvania.

M&A Deal Summary

Date 2015-10-21
Target Shippenville Borough Wastewater System
Sector Utilities
Buyer(s) Pennsylvania American Water
Deal Type Add-on Acquisition

Target

Shippenville Borough Wastewater System

Clarion County, Pennsylvania, United States
Shippenville Borough Wastewater System is a provider of wastewater service to approximately 600 residents, plus a number of commercial customers

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Buyer(S) 1

Buyer

Pennsylvania American Water

Hershey, Pennsylvania, United States

Category Company
Founded 1892
Sector Utilities
DESCRIPTION

Pennsylvania American Water is a local water and wastewater company. Company serve approximately 2.2 million people in nearly 400 communities, supplying high quality water and wastewater service.


DEAL STATS #
Overall 7 of 15
Sector (Utilities) 7 of 15
Type (Add-on Acquisition) 6 of 12
State (Pennsylvania) 6 of 13
Country (United States) 6 of 14
Year (2015) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-21 Paint Township Water System

Clarion County, Pennsylvania, United States

Paint Township Water System is a provider of waste water services and which delivers drinking water to nearly 100 residents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-22 Wastewater System of Fairview Township

Fairview Township, Pennsylvania, United States

Wastewater System of Fairview Township provides wastewater service to approximately 4,000 customers, including more than 200 businesses and commercial accounts.

Buy $17M