Sjw Group Announces Texas Subsidiary Has Closed On Acquisition Of Texas Country Water
Jan 25, 2022•over 3 years ago
Acquiring Company
SJW Group
Acquired Company
SJWTX dba Canyon Lake Water Service Company
San JoseNatural ResourcesSustainabilityNatural ResourcesProfessional ServicesInformation TechnologyDescription
SJW Group (NYSE: SJW) today announced that its Texas subsidiary, SJWTX Inc., which does business as the Canyon Lake Water Service Company, has closed on the purchase of Texas Country Water in Comal County, Texas. TCW is the fourth Texas acquisition by SJWTX in the past 12 months. Over that time, SJWTX has added more than 1,900 water and wastewater connections through acquisitions. The overall growth rate for the same period is about 20% when organic growth is included.
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