Aqua America Accelerates Core Growth Strategy

25 May 2016
Available with corporate subscription

Aqua America reported seven acquisitions in Illinois, Indiana, North Carolina, and Pennsylvania during the first quarter of 2016. These deals mark an increase in M&A activity, as the firm closed 14 deals over the entirety of 2015. American Water continues to challenge the firm in its Pennsylvania stronghold, scoring a major deal with the acquisition of Scranton’s sewer system.

Bluefield Takeaways

  • States address system valuation, rate cases to enable private investment.
  • Aqua America remains reliant on core growth.
  • Rival American Water challenges PA position, pursues non-regulated revenue.