H2O America announced that its Texas subsidiaries have received the state and federal regulatory approvals needed to acquire all assets of Quadvest, a regulated water and wastewater utility in the Houston metro area. The transactions, involving The Texas Water Company and Texas Water Operation Services, are expected to close on October 1, 2026. The combination will significantly expand H2O America's presence in Texas and advance its strategy to diversify and strengthen regulated utility operations in high-growth markets. Andrew F. Walters, chief executive officer of H2O America, said the addition of Quadvest will bring complementary local expertise and create a stronger platform for continued evolution in Texas.
H2O AmericaRegulatory approval for acquisition of Quadvest expands regulated utility operations in Texas.
Quadvest is being acquired, likely benefiting from the deal's terms.
