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New Deal


Announced

California American Water to acquire Rio Plaza Water Company.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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water and wastewater utility

Waste and Disposal Services

Natural

Water

Acquisition

United States

Private

Completed

Single Bidder

Synopsis

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California American Water, water and wastewater service provider, has acquired Rio Plaza Water Company, water system provider in Ventura County. Financial terms were not disclosed. “California American Water and Rio Plaza Water Company share a goal of providing dependable water services to customers in Ventura County, We believe California American Water will provide the best service to our customers and we look forward to their active participation in the community.” John Chris Nickel Sr., Rio Plaza Water Company.

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