Jackson Walker Represents MEAG in Purchase of U.S. Water Utility

July 16, 2018 | Client Results

Jackson Walker successfully represented MEAG, a privately owned investment manager, in its acquisition of a 25 percent indirect managed share in SouthWest Water Company, a water utility company that owns and operates water and wastewater infrastructure in Alabama, California, Oklahoma, Oregon, South Carolina, and Texas. The transaction was closed on June 14, 2018.

SouthWest Water Company offers a range of operations, maintenance and management services, including water production, treatment and distribution, wastewater collection and treatment, customer service, and utility infrastructure construction management.

MEAG manages the assets of Munich Re and ERGO and has representations in Europe, Asia, and North America. MEAG is present in and manages all important asset classes such as interest-bearing securities, equities, and real estate, as well as investments in renewable energy and infrastructure. As of March 2018, the company manages assets worth over €250 billion.

Jackson Walker partners Wes Strickland and Brandon C. Janes led a transaction team consisting of Ali Abazari, Wilson B. Albright, Alicia R. Duleba, Aldean E. Kainz, Ronald D. Kerridge, William J. McDonough, Jr., Alisha Mehta, David Anthony Snyder, and Robert L. Soza, Jr.

Meet Our Team

Our Corporate and Securities practice group assists clients with virtually any type of corporate transaction. From counseling startups and forming investment funds to negotiating M&A transactions and conducting public and private offerings, attorneys handle complex corporate matters of all sizes across multiple jurisdictions. Our International Transactions attorneys have represented clients across 85 jurisdictions in structuring, negotiating and documenting international business transactions and arrangements.

Our Environmental practice group represents private companies and investors in a wide range of regulated industries. One specialty of the group concerns private, investor-owned water utilities, for which Jackson Walker has a nationwide practice. Firm attorneys represent water utilities for issues such as water rights and supplies, infrastructure development, water recycling and desalination, wastewater treatment and discharge, mergers and acquisitions, and regulation by state environmental agencies and utility commissions.

Meet JW

Founded more than 130 years ago, Jackson Walker is one of the oldest and largest Texas-based law firms. Today, the Firm has more than 375 attorneys in seven Texas offices and represents Fortune 500 companies, multinational corporations, major financial institutions, insurance companies, and a wide range of public companies and private businesses around the globe. While Jackson Walker proudly calls Texas home, our attorneys are licensed throughout the U.S. and have experience in developed and emerging markets worldwide.