Register with Bluefield for immediate, free access
to water market data and analysis.
Login

Severn Trent Jettisons U.S. Water Business

14 July 2017
Research Note

On 3 July 2017, U.K.-based Severn Trent Plc announced the sale of its North American services unit for US$62 million. The new owners are private equity firms PPC enterprises LLC and Alston Capital Partners LLC.

With Severn Trent’s exit, competition among the leading players will likely escalate in their pursuit of its expiring contracts. Outsiders, including PPC and Alston Capital, increasingly see an opportunity in municipal water to capitalize on water infrastructure concerns nationwide.

In this Research Note, Bluefield water experts analyze the impact of this sale and opportunities for O&M service providers.  For more analysis of mergers and acquisitions in water markets, see our new report.

Takeaways

  • Municipal utility district contracts reflected in sale price
  • U.K. holding company closing door on international presence.
  • Muni service provider competition reshuffles.
 

Companies Mentioned

// // // // // // // // //

Related Bluefield Analysis

Water Mergers & Acquisitions: Key Trends in a Changing Global Landscape Water related M&A activity has been robust over the last three years, surpassing US$57 billion, globally, since the start of 2014. Intensifying concerns over water scarcity, water resource contamination, and shortfalls in municipal infrastructure investment drive a surge in optimism for growth a...
Water, M&A Reshuffle Consolidating EPC Sector Alberta-based Stantec has moved to acquire Colorado-based MWH Global for US $795 million -- representing Stantec's largest acquisition to date. This latest deal propels Stantec into the top ten rankings of EPC design firms active in the water sector. The Stantec-MWH deal reinforces a wave of cons...
Jacobs Moves CH2M Water into M&A Crosshairs On 19 June 2017, advanced M&A discussions between Jacobs Engineering Group and CH2M were reported on Wall Street. The joining of these two companies would impact the services landscape in municipal and industrial water & wastewater as well as the engineering & services sector as ...

$250

Interested in becoming a client?

Learn more about our services »

Contact us »

Share with colleagues





What are the most pressing issues facing the water industry? #LeakageManagement, #StormwaterOverflow, #EPARollbacks, #CapeTownDayZero and more: bluefieldresearch.com/t/ pic.twitter.com/QXYlZGCBVN

SME Annual Conference
(Minneapolis, MN, Feb 25-28)

Mobile World Congress
(Barcelona, Spain, Feb 26-March 1)

14 Feb 2018 Granite Construction to Acquire Layne Christensen in $565 Million Stock Merger Transaction

09 Feb 2018 Increasing Recovery in Industrial Water Reuse