secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2026-07-07T20:30:16+00:00
Accession:  0000755001-26-000026
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unitil completes $55.8M acquisition of two NH water companies from Aquarion Water Authority
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- Purchase price $55.8M including $13.7M debt assumption; funded via Scotiabank term loan.
- Acquired companies serve ~11,000 customers with ~$47M rate base; adds to Unitil's 226,100 total customers.
- Deal expected to be earnings accretive, supporting long-term EPS growth of 5-7%.
- Original agreement amended to exclude Aquarion Water Company of Massachusetts; only AWC-NH and Abenaki acquired.
- Unitil borrowed $42.7M on June 30, 2026 under new $50M Tranche B loan for this acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000075500126000026/0000755001-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000075500126000026/utl-20260630.htm
  HTML page:      https://secwatch.observer/filing/0000755001-26-000026

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