U.S. Investor-Owned Water Utilities: M&A Deals and Trends, Q2 2017

17 May 2017
Available with corporate subscription

The U.S. water & wastewater utility landscape continues to evolve with  investor-owned utilities scaling their positions through mergers & acquisitions (M&A). Our quarterly analysis of water IOU deal-flow in Q1 2017 shows the volume of activity keeping pace with 2016 and focusing on smaller-scale deals (tuck-ins).

More than US$36 million of acquisitions for 23 deals were completed in the first quarter of the year, pushing the total executed deal value since the start of 2014 to more than US$1.15 billion across 160 deals. Deal activity, sparked by favorable macroeconomic trends, continues to center on a core group of states– Pennsylvania, Texas, California– but recent deal flow and policy shifts indicate further expansion.

In this Data Insight, Bluefield tracks completed water IOU deals from 2014-2017, highlights pending deals, and anticipates potential new deals. For more analysis on water M&A, see our new report: Water Mergers & Acquisitions: Key Trends in a Global Landscape .