M&A Deal Summary

United Utility Services Acquires W.A. Chester

On March 1, 2018, United Utility Services acquired business services company W.A. Chester from Exelon

Acquisition Highlights
  • This is United Utility Services’ 1st transaction in the Business Services sector.
  • This is United Utility Services’ 1st transaction in the United States.
  • This is United Utility Services’ 1st transaction in Maryland.

M&A Deal Summary
Date 2018-03-01
Target W.A. Chester
Sector Business Services
Buyer(s) United Utility Services
Sellers(s) Exelon
Deal Type Divestiture

Target

W.A. Chester

Lanham, Maryland, United States
W.A. Chester LLC is a electrical contractor for installation, maintenance and repair of underground high voltage cable transmission and distribution systems. W.A. Chester's clients are the nation's electric utility companies and independent power producers. W.A. Chester works throughout the United States and Canada and is one of three specialty contractors performing this type of work on a national basis. In addition to underground systems, W.A. Chester has expanded its services to include installation, maintenance and repair of overhead electric distribution cable systems.

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Buyer(S) 1

Buyer

United Utility Services

Charlotte, North Carolina, United States
Category Company
Sector Utilities
DESCRIPTION

United Utility Services LLC is a utility services company focused on building a platform of providers with specialized, industry-leading expertise in underground power transmission and distribution services. United Utility Services is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 2
Type (Divestiture) 1 of 2
State (Maryland) 1 of 1
Country (United States) 1 of 4
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 B&B Electrical & Utility Contractors

Canton, Mississippi, United States

B&B Electrical & Utility Contractors, Inc. offers a full array of electrical and utility services. B&B Electrical & Utility Contractors is based in Canton, Mississippi.

Buy -

Seller(S) 1

SELLER

Exelon

Chicago, Illinois, United States
Category Company
Founded 1999
Sector Utilities
Employees19,962
Revenue 21.7B USD (2023)
DESCRIPTION
Exelon's corporate headquarters in downtown Chicago, Illinois.
Exelon's corporate headquarters in downtown Chicago, Illinois.

Exelon is a competitive U.S. power energy provider. Company power generators, with approximately 35,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. Exelon was founded in 1999 and is based in Chicago, Illinois.

DEAL STATS #
Overall 5 of 6
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 4
State (Maryland) 1 of 1
Country (United States) 5 of 6
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Entergy - James A. FitzPatrick Nuclear Power Plant

Oswego, New York, United States

Entergy Corp. - James A. FitzPatrick Nuclear Power Plant is a safe, clean and affordable source of electricity for New York since 1975. The plant produces more than 800 MW of electric power - approximately four percent of the total energy demand in the state of New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 EcoCRED

Chicago, Illinois, United States

EcoCRED is a sustainability platform aimed at empowering people to do more for the planet. Through its mobile application, EcoCRED estimates users’ daily carbon footprint based on where they live, how they commute, their heating and air conditioning habits, and the type of vehicle they drive. It also suggests simple tasks and useful lifestyle habits that help educate the users and, if incorporated into daily routine, significantly reduce their carbon footprint. EcoCRED was formed in 2019 and is based in Chicago, Illinois.

Sell $1M
Mergr

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