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Unitil acquires Aquarion Water Company for $55.8M

PUBLIC · UTLAug 09, 2026about 3 hours ago

Acquiring Company

Unitil Corporation

Acquired Company

Aquarion Water Company of New Hampshire

HamptonConnecticutEnergyOil And GasRenewable EnergyWaterWater Purification

Description

Unitil completed its acquisition of Aquarion Water Company of New Hampshire and Abenaki Water Company for a total purchase price of $55.8 million, including long-term debt assumption. The acquisition is expected to be neutral to consolidated earnings per share in 2026, becoming accretive after new distribution rates take effect.

Company Information

Company

Unitil Corporation

Location

Hampton, Virginia, United States

About

Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. They are committed to the communities they serve and to developing efficient energy solutions. Unitil is a public utility holding company with operations in Maine, New Hampshire, and Massachusetts.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Aquarion Water Company of New Hampshire?

Aquarion Water Company of New Hampshire was acquired by Unitil Corporation, based in Hampton. The deal was reported on August 9, 2026. Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. They are committed to the communities they serve and to developing efficient energy solutions. Unitil Corporation is publicly traded (UTL) and operates in Energy.

When did Unitil Corporation acquire Aquarion Water Company of New Hampshire?

Unitil Corporation's acquisition of Aquarion Water Company of New Hampshire was reported on August 9, 2026. Unitil completed its acquisition of Aquarion Water Company of New Hampshire and Abenaki Water Company for a total purchase price of $55.8 million, including long-term debt assumption. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aquarion Water Company of New Hampshire do?

Aquarion Water Company of New Hampshire is a public water utility that supplies water services to communities in New Hampshire. The company is known for its commitment to maintaining high-quality water standards and serving its customers effectively. It is privately held, operating in Water, and is based in Connecticut.

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