Facebook Twitter LinkedIn Google Plus RSS

American Water closes on Pivotal purchase

By ,

American Water Works Co. closed on its $363.7 million cash acquisition of Pivotal Home Solutions from Southern Company Gas on Monday.

American Water (NYSE: AWK) is the largest publicly traded U.S. water and wastewater utility.

Based in Naperville, Ill., Pivotal Home Solutions is a home warranty business operating in 18 states. It joins American Water’s Homeowner Services Group organization, maintaining the Pivotal name and operations in Naperville.

American Water’s Homeowner Services Group operates in 43 states and Washington, D.C., and currently services more than 1.8 million contracts, not including those served by Pivotal Home Solutions.

Also Popular on NJBIZ

Carl DiOrio

Carl DiOrio

Carl DiOrio is the managing editor for NJBIZ. You can reach him at cdiorio@njbiz.com

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy