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New Deal


Announced

Completed

Canada Pension Plan Investment Board invested $750m in Aqua America.

Financials

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Transaction Value£571m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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water utilities

Water

Acquisition

Public

wastewater utilities

Single Bidder

United States

Friendly

Completed

Majority

Private Equity

Synopsis

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Aqua America, the second-largest publicly traded water and wastewater utility based in the US, received an approximately $750m investment by Canada Pension Plan Investment Board. “We are pleased to partner with Aqua America to support the revitalization of this key infrastructure. By acquiring Peoples, Aqua America will create a unique platform with a strong management team that is poised for further expansion.” Deborah Orida, CPPIB Senior Managing Director & Global Head of Active Equities.

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