These agreements provide for The Texas Water Company, Inc. and Texas Water Operation Services, LLC to acquire all assets owned by Quadvest.
Under the first agreement, The Williams Companies will acquire regulated systems owned by Quadvest, L.P. for $483.6 million.
The second agreement involves The Williams Companies acquiring systems owned by Quadvest Wholesale LLC for $56.4 million.
The total transaction value amounts to $540 million. This transaction involving H2O America (HTO) is expected to close by mid-2026.
Andrew F. Walters, CEO of H2O America, emphasized that adding Quadvest to The Texas Water Company offers a unique chance to diversify, enhance, and expand operations in one of the fastest-growing regions, while strengthening developer networks and driving stronger returns for investors.
