logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Essential Utilities’ Aqua Pennsylvania Subsidiary Acquires Shenandoah Water System

Jul 27, 2023over 2 years ago

Acquiring Company

Denominator

Acquired Company

Shenandoah Water System

New YorkAnalytics

Description

Essential Utilities Inc. (NYSE: WTRG) today announced its Aqua Pennsylvania subsidiary completed the purchase of the Municipal Authority of the Borough of Shenandoah (MABS) water system for $12 million. MABS serves approximately 3,000 customers in Schuylkill County, PA.

Company Information

Company

Denominator

Location

New York, New York, United States

About

Denominator provides fact-based data and ratings on Diversity, Equity, & Inclusion (DEI) across private and public companies, industries, and countries. We cover more than 3 million companies, 85+ industries, and 190+ countries. The data and analytical insights drive the most comprehensive DEI rating models and indexes, creating the global standard for measuring DEI performance.

Related People

Sign in to view contact details

Sign in to view contact details

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
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed