What you need to know
Quadvest and TWC have entered into agreements that stipulate TWC will acquire all the assets owed by Quadvest, according to the news release. Quadvest has over 47,000 active connections, with over 89,000 connections under contract and pending development. According to the release, Quadvest also has:
- 50 water treatment plants
- 27 wastewater treatment plants
- 89 lift stations and underground developments
- “TWC and Quadvest will remain rooted in the Texas communities they serve today and continue to invest in sustainable infrastructure,” H2O America CEO Andrew F. Walters said via news release. “By combining Quadvest’s and TWC’s deep local expertise with H2O America’s robust national platform, we will meaningfully advance our central mission to provide communities with clean, high-quality water and exceptional service.”
- “Our combination with Quadvest represents an opportunity to grow our operations and provide safe, reliable, and sustainable water and wastewater solutions to tens of thousands of additional Texans,” TWC President Aundrea Williams said via news release.
- “Together, we and TWC will unlock new opportunities for growth, innovation and advancement for our people, while preserving the culture and vision that have always defined Quadvest,” Quadvest CEO Simon Sequeira said via news release.
The transaction was unanimously approved by the H2O America and TWC boards of directors, according to the release. Both companies will operate as separate businesses until the transaction closes, which is expected in mid-2026, according to their website for the acquisition. Customers can learn more by visiting www.twcandquadvest.com.
