M&A Deal Summary

Pennsylvania American Water Acquires Wastewater System of Fairview Township

On December 22, 2015, Pennsylvania American Water acquired utilities company Wastewater System of Fairview Township for 17M USD

Acquisition Highlights
  • This is Pennsylvania American Water’s 8th transaction in the Utilities sector.
  • This is Pennsylvania American Water’s 5th largest (disclosed) transaction.
  • This is Pennsylvania American Water’s 7th transaction in the United States.
  • This is Pennsylvania American Water’s 7th transaction in Pennsylvania.

M&A Deal Summary

Date 2015-12-22
Target Wastewater System of Fairview Township
Sector Utilities
Buyer(s) Pennsylvania American Water
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

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.

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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 8 of 15
Sector (Utilities) 8 of 15
Type (Add-on Acquisition) 7 of 12
State (Pennsylvania) 7 of 13
Country (United States) 7 of 14
Year (2015) 5 of 5
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-21 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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-30 Scranton Sewer System Wastewater Assets

Scranton, Pennsylvania, United States

Scranton Sewer System Wastewater Assets which serves approximately 31,000 customers, is under an EPA Consent Decree that mandates significant upgrades to the sewer system totaling an estimated $140 million.

Buy $195M