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Sjw Group Announces Texas Subsidiary Has Closed On Acquisition Of Texas Country Water

Jan 25, 2022

Acquiring Company

SJW Group

Acquired Company

SJWTX dba Canyon Lake Water Service Company

San JoseSustainabilityNatural ResourcesInformation TechnologyProfessional ServicesNatural Resources

Description

SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as the Canyon Lake Water Service Company, has closed on the purchase of Texas Country Water in Comal County, Texas. TCW is the fourth Texas acquisition by SJWTX in the past 12 months. Over that time, SJWTX has added more than 1,900 water and wastewater connections through acquisitions. The overall growth rate for the same period is about 20% when organic growth is included.

Quick answer

SJW Group is acquiring SJWTX dba Canyon Lake Water Service Company, announced January 25, 2022. SJW Group is based in San Jose, California, United States.

How much did SJW Group pay for SJWTX dba Canyon Lake Water Service Company?
The deal value was not disclosed.
What does SJW Group do?
SJW Group is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing life-sustaining and high-quality water service to 1.6 million people.
Where are SJW Group and SJWTX dba Canyon Lake Water Service Company based?
SJW Group is based in San Jose, California, United States.
Who are the decision-makers at SJW Group?
Fundz holds 2 contacts at SJW Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

SJW Group

Location

San Jose, California, United States

About

SJW Group is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing life-sustaining and high-quality water service to 1.6 million people. SJW Group’s locally led and operated water utilities - San Jose Water Company in California, The Connecticut Water Company in Connecticut, The Maine Water Company in Maine, and SJWTX, Inc. (dba The Texas Water Company) in Texas - possess the financial strength, operational expertise, and technological innovation to safeguard the environment, deliver outstanding service to customers, and provide opportunities to employees. SJW Group remains focused on investing in its operations, remaining actively engaged in its local communities, and delivering continued sustainable value to its stockholders.

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Frequently asked

Who acquired SJWTX dba Canyon Lake Water Service Company?

SJWTX dba Canyon Lake Water Service Company was acquired by SJW Group, based in San Jose. The deal was reported on January 25, 2022. SJW Group is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing life-sustaining and high-quality water service to 1.6 million people. SJW Group is privately held and operates in Sustainability.

When did SJW Group acquire SJWTX dba Canyon Lake Water Service Company?

SJW Group's acquisition of SJWTX dba Canyon Lake Water Service Company was reported on January 25, 2022. SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as the Canyon Lake Water Service Company, has closed on the purchase of Texas Country Water in Comal County, Texas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SJWTX dba Canyon Lake Water Service Company do?

It is privately held, operating in Information Technology.

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