# Severn Trent North America sold to management and investors, becomes independent

Severn Trent Plc approved the sale of its North American business operations to a group led by current U.S. management and backed by PPC Enterprises LLC and Alston Capital Partners LLC, forming an independent American company effective July 3, 2017.

- Type: Acquisition
- Announced: 2017-07-03
- Where: United States
- Status: completed
- Products: water and wastewater system operation and maintenance, community infrastructure management
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Severn Trent](https://endata.com/companies/13721.md)
- [Severn Trent North America](https://endata.com/companies/25669.md) (target)
- [PPC Enterprises LLC](https://endata.com/companies/25670.md) (investor)
- [Alston Capital Partners LLC](https://endata.com/companies/25671.md) (investor)

## Sources

- [westhouston.org](https://www.westhouston.org/2017/07/17/severn-trent-north-america-gains-independence/), 2017-07-17: "This change puts management closer to our core businesses—municipal water and wastewater systems, management of community infrastructure, and related services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.