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AI brief of an SEC Form 8-K · H2O America (HTO)

H2O America completes $540 million Quadvest water utility acquisition in Texas

Neutral Impact 4 of 5 m&a Written later

H2O America said its Texas subsidiary completed the purchase of substantially all assets of Quadvest's water and sewer utility businesses on October 1, 2026, for a base price of $540 million, subject to customary adjustments. The company says the deal more than doubles its Texas water and wastewater connections and expects Texas to represent 26% of its customer base by 2029, up from 8%.

Key points

  • Base purchase price of $540 million, subject to customary purchase price adjustments
  • Deal covers the regulated and wholesale water and sewer businesses of Quadvest, with closing on October 1, 2026
  • H2O America expects Texas to be 26% of its customer base by 2029, versus 8% before October 1
  • Financial statements and pro forma information will be filed by amendment later

The filing

CompanyH2O America (HTO)
Form8-K, current report
Filed with the SECOct 1, 2026, 4:18 PM ET
Accession number0001628280-26-064259

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.