.
MergerLinks Header Logo

Announced

SJW Group to acquire Clear Water Estates Water System.

Financials

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

Tags

Edit

Majority

Water

Private

Single Bidder

Domestic

Pending

water

Acquisition

water supplier

Friendly

United States

Synopsis

Edit

SJW Group, a water utility services provider, agreed to acquire Clear Water Estates Water System, a public water utility provider. Financial terms were not disclosed. “We are eager to have the customers of Clear Water Estates Water System join Canyon Lake Water Service Company. This transaction, if approved by the PUCT, will grow our company and allow for future growth. Customers will benefit by being served by a strong regional company that also has access to national scale and resources to deliver exceptional service and water quality," Eric W. Thornburg, SJW Group Chairman, President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US