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SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
Doosan Hydro Technology is a Tampa, FL-based company in the Energy and Utilities sector.
Aqua Ventures DBA Culligan Water Systems is a Clute, TX-based company in the Energy and Utilities sector.
Bermad Control Valves is a Houston, TX-based company in the Energy and Utilities sector.
Eastern Municipal Water District provides domestic and agricultural water, wastewater collection and treatment service, and recycled water in a 555 square mile service area with a population of about 660,000 in western Riverside County. For EMWD, use