H2O Innovation Builds Water Utility Service Portfolio via M&A

On 2 July 2020, H2O Innovation announced the acquisition of Gulf Utility Service, an operations and maintenance company for water & wastewater utilities in the Greater Houston, Texas metropolitan area. The deal is valued at US$2.75 million and five times 2019 EBITDA.

In this new Research Note, Bluefield water experts analyze:

• H2O Innovation’s O&M strategy
• Acquisitions and H20’s scaling O&M business unit revenues
• Leading contract operations players (by number of contracts)