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  6. PUC Services Acquires Northern Waterworks

M&A Deal Summary

PUC Services Acquires Northern Waterworks

On June 3, 2019, PUC Services acquired utilities company Northern Waterworks

Acquisition Highlights
  • This is PUC Services’ 1st transaction in the Utilities sector.
  • This is PUC Services’ 1st transaction in Canada.
  • This is PUC Services’ 1st transaction in Ontario.

M&A Deal Summary
Date 2019-06-03
Target Northern Waterworks
Sector Utilities
Buyer(s) PUC Services
Deal Type Add-on Acquisition

Target

Northern Waterworks

Red Lake, Ontario, Canada
Northern Waterworks, Inc. is a provider of water and wastewater operations, maintenance and management services to municipal, industrial and First Nation clients for over two decades and currently operates, maintains and manages 35 municipal water and wastewater subsystems. These systems include over 60 individual facilities that are distributed over a geographical area that is similar in size to that of France and Germany combined.

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Buyer(S) 1

Buyer

PUC Services

Marie, Ontario, Canada
Category Company
Founded 1917
Sector Utilities
DESCRIPTION

PUC Services, Inc. is a utility services company manages the assets and business of PUC Distribution Inc., manages the city’s water treatment and distribution system and operates the City’s two wastewater treatment plants under multi-year contracts. PUC Services Inc. also provides billing and customer care services and manages the operations of Espanola Regional Hydro under multi-year contracts. Water and wastewater services are also provided to several communities and organizations in the Algoma District.

DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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