H2O America Completes Texas Subsidiary’s Acquisition of Quadvest
H2O America's Texas subsidiary, The Texas Water Company, completed the acquisition of all assets of Quadvest, a Houston-area water and wastewater operator. The deal more than doubles H2O America's Texas connections; the company expects Texas customers to grow from 8% to 26% of its total customer base by 2029, driven by Quadvest's development pipeline and projected double-digit customer growth.
Key figures
- People served
- 1.6 million
- Texas customer pct prior
- 8%
- Texas customer pct by 2029
- 26%
AI analysis
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