---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066289"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:13:04.242186+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# H2O America to acquire Quadvest water and sewer assets for $540M; expands Texas footprint

## Summary
- Total purchase price of $540M: $483.6M for regulated business + $56.4M for wholesale business.
- Quadvest has over 47,000 active connections and 89,000+ connections under contract; 50 water treatment plants.
- Transaction expected to close by mid-2026; subject to PUCT approval and HSR antitrust clearance.
- Deal to be financed by private debt and equity; no financing condition; expected to be accretive to long-term EPS growth.
- Texas projected to become H2O America's second largest utility operation by 2028; combined five-year capex plan increased to ~$2.1B.

## SEC filing metadata
- accession: 0001104659-25-066289
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000110465925066289/0001104659-25-066289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000110465925066289/tm2519459d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066289
- JSON: https://secwatch.observer/filing/0001104659-25-066289.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066289.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.