U.S. Private Water Market: Key Trends, M&A Activity, and Market Outlook, Q4 2018
This Quarterly Insight highlights key trends in financial performance, O&M contracts, M&A transactions, and competitive shifts in the U.S. private water market. Bluefield’s team of water experts tracks this activity on an ongoing basis to provide the most reliable and up-to-date insights for clients addressing opportunities in water.
In the third quarter of 2018, M&A activity in the municipal water & wastewater sectors resulted in below-average deal approval levels. Only 22 purchases by private and municipal buyers, totaling 21,257 customer connections and US$103.8 million in total value, were approved by state regulators in Q3 2018. Headlined by a select number of large deals and strategic shifts, Bluefield is seeing robust activity for investor owned utilities in U.S. municipal markets.