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New Deal


Announced

Completed

Levine Leichtman Capital Partners completed the acquisition of USA Water from Warren Equity Partners.

Financials

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

Tags

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United States

operations and maintenance

Majority

Environmental / Waste Management

Acquisition

Private

Private Equity

Domestic

Completed

Single Bidder

Friendly

Synopsis

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Levine Leichtman Capital Partners, a private equity and venture capital firm, completed the acquisition of USA Water, a provider of operations and maintenance services for water and wastewater systems from Warren Equity Partners, a private equity firm that invests in lower middle market operating companies. Financial terms were not disclosed. “We are delighted to partner with USA Water, one of the leading O&M providers of water infrastructure services. USA Water has built a stellar reputation due to its ‘customer first’ culture and best-in-class service capabilities, which have driven an incredibly loyal client base and a long-term track record of consistent growth. We are excited to work with Jeff and the USA Water team to broaden the Company’s service capabilities and geographic footprint through both organic initiatives and strategic acquisitions,” Matthew Rich, Levine Leichtman Capital Partners Partner.

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