Quadvest
Quadvest is a regulated investor-owned water and wastewater utility serving over 47,000 active residential and commercial connections across Southeast Texas. Founded in 1978 and family-owned, it is being acquired by H2O America for approximately $540 million.
- Company typePrivate
- Founded1978
- HeadquartersMagnolia, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Quadvest does
Quadvest is a regulated investor-owned water and wastewater utility serving the Houston metropolitan area and surrounding Southeast Texas communities from its headquarters in Magnolia, Texas. Founded in 1978 by Odell Vaught and Gary Sequeira and remaining family-owned through the Sequeira lineage (current CEO Simon Sequeira), the company delivers water supply and distribution, wastewater collection and treatment, and developer/builder connection services through its Tap Application and Customer Service Inspection program. It operates a self-service Customer Connect Portal for billing and account management. With over 47,000 active connections and an additional 89,000 connections under contract, Quadvest is one of the largest investor-owned water and wastewater utilities in Texas. Revenue is generated primarily through recurring monthly ratepayer charges approved by the Public Utility Commission of Texas (PUCT), supplemented by developer tap/connection fees tied to new residential construction in its service territory.
The company's go-to-market is structurally constrained by its regulated monopoly franchise: it sells directly to residential and small commercial end customers within its assigned Certificate of Convenience and Necessity (CCN) territory, with no meaningful churn risk at the customer level. Quadvest has actively defended customer economics through multi-year litigation against the San Jacinto River Authority (SJRA), including a federal anti-trust win at the U.S. Fifth Circuit and multiple Texas appellate victories that curtailed SJRA's ability to impose groundwater pumpage fees.
Quadvest is currently in the process of being acquired by H2O America (through its regulated Texas subsidiary The Texas Water Company) for approximately $540 million, with the deal announced in July 2025, deemed administratively complete at the PUCT in April 2026, and expected to close in H2 2026. The combined entity is expected to become the second-largest investor-owned water and wastewater utility in Texas by connection count, making Texas H2O America's second-largest market.
Quadvest firmographics
Firmographics- Name
- Quadvest
- Legal name
- Quadvest LP
- Website
- https://quadvest.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Quadvest is a regulated investor-owned water and wastewater utility serving over 47,000 active residential and commercial connections across Southeast Texas. Founded in 1978 and family-owned, it is being acquired by H2O America for approximately $540 million.
- Ownership category
- akta.pro rank
Quadvest industry classification
Industry- Product category
- Water and Wastewater Utilities
- NAICS
- Waste Collection (56211)
- SIC
- Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)
Keywords
Where Quadvest is headquartered
LocationHeadquarters
- HQ city
- Magnolia
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Quadvest business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Others
Distribution channels1 record
Quadvest product offering
Product offeringCore offering
Quadvest is a regulated investor-owned water and wastewater utility that provides water supply and distribution, wastewater collection and treatment, and tap connection services to residential and commercial customers across Southeast Texas, primarily in the Houston metropolitan area and Montgomery County. The company also operates a Customer Connect Portal for online bill payment and account management.
Product overview
Quadvest is a regulated investor-owned water and wastewater utility company serving the Houston metropolitan area in Southeast Texas. The company operates as a single unified utility offering, providing water supply, wastewater services, and related customer self-service tools through its Customer Connect Portal. The company serves over 47,000 active connections with 89,000 more under contract, primarily serving residential customers with some commercial operations. Developer and builder services are offered through the Tap Application process for new construction projects.
Differentiator
Problem solved
Functional benefit
Products and services
- Water Services Provides water supply and distribution services to residential and commercial customers in Southeast Texas, with reliable supply and consistent quality standards.
- Wastewater Services Provides wastewater collection and treatment services to customers in the Houston metropolitan area.
- Customer Connect Portal Online self-service portal enabling Quadvest customers to pay bills, manage accounts, and access account information.
- Tap Application & Customer Service Inspection (CSI) Service
Companies that use Quadvest
Customer profileSegments1 record
Ideal customer profiles2 records
Quadvest technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Quadvest partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- H2O AmericacoreH2O America, through its regulated Texas subsidiary The Texas Water Company (TWC) and affiliate Texas Water Operation Services (TWOS), entered into an agreement to acquire Quadvest for approximately $540 million. The transaction is pending regulatory approval from Texas (PUCT), with the STM application deemed administratively complete in April 2026 and expected closing in H2 2026. The acquisition is expected to be accretive to H2O America's long-term growth rate and will make Texas the second-largest market for the combined entity.
- NextEra WaterminorQuadvest completed the sale of water and wastewater utility assets to NextEra Water. This strategic transaction provided Quadvest with capital to continue its growth trajectory and remain a leader in providing utilities to the residential and commercial development communities in the greater Houston area.
Scale indicators3 records
Recent moves9 records
Expansion highlights5 records
Quadvest competitors and assessment
Company assessmentOthers
- San Jacinto River Authority: A conservation and reclamation district that supplies raw water to utilities (including Quadvest) in Montgomery County. Comparable as a water-sector counterparty in Quadvest's region — relevant for understanding Quadvest's input-supply structure and regulatory environment rather than as a direct competitor.
Direct peers
- Middlesex Water Company: Investor-owned water and wastewater utility serving New Jersey and Delaware. Comparable as a small-cap regulated water utility with both water and wastewater operations under tariff-based rates — a close analog to Quadvest's size and business mix.
- York Water Company: The oldest publicly traded water utility in the U.S., serving ~210,000 people in Pennsylvania. Comparable as a long-standing, geographically concentrated investor-owned water utility with steady rate-base growth.
- California Water Service Group: Investor-owned water utility serving ~2 million people across California, Washington, New Mexico, Hawaii, and Texas. Comparable as a regulated water-only IOU with active Texas expansion via acquisitions, mirroring Quadvest's regulated utility model.
- Essential Utilities: Multi-state water, wastewater, and natural gas utility (formerly Aqua America) serving ~5 million people across Pennsylvania, Ohio, Texas, and other states. Directly comparable as a regulated water and wastewater IOU with active growth via acquisitions in Texas and the U.S. Sun Belt.
- Global Water Resources: Pure-play water and wastewater utility focused on growth communities in the Phoenix metropolitan area of Arizona. Comparable as a smaller, growth-oriented regulated water and wastewater utility serving Sun Belt master-planned communities — analogous to Quadvest's developer-driven Houston model.
- Artesian Resources Corporation: Investor-owned water and wastewater utility serving customers throughout the Delmarva Peninsula. Comparable as a small-cap regulated water and wastewater IOU focused on a contiguous regional service territory.
- H2O America (formerly SJW Group): Acquirer of Quadvest and one of the largest pure-play water utilities in the U.S.; operates Connecticut Water, San Jose Water, and now The Texas Water Company. Directly comparable as an investor-owned water and wastewater utility pursuing a Texas growth strategy.
Broad incumbents
- American Water Works Company: The largest publicly traded investor-owned water and wastewater utility in the United States, serving ~14 million people across 14 states. Comparable as a scaled regulated water utility with similar regulatory and capital-deployment dynamics, though far larger and more geographically diverse than Quadvest.
Emerging players
- NextEra Water: Water infrastructure arm of NextEra Energy that acquired Quadvest's non-core utility assets in 2022. Comparable as a regulated water utility acquirer operating in Texas, with deep infrastructure capital backing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Quadvest social profiles
Digital presenceQuadvest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quadvest leadership team
Management profileNumber of profiles
Profiles13 records
Quadvest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quadvest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Quadvest
What does Quadvest do?
Quadvest is a regulated investor-owned water and wastewater utility that provides water supply and distribution, wastewater collection and treatment, and tap connection services to residential and commercial customers across Southeast Texas, primarily in the Houston metropolitan area and Montgomery County. The company also operates a Customer Connect Portal for online bill payment and account management.
Is Quadvest a public or private company?
Quadvest is a private company. It is classified as family owned and is currently operating.
When was Quadvest founded?
Quadvest was founded in 1978. It employs 51 to 100 people.
Where is Quadvest based?
Quadvest is headquartered in Magnolia, United States, in the North America region.
Who are Quadvest's main competitors?
San Jacinto River Authority is listed as an others. Direct peers are Middlesex Water Company, York Water Company, California Water Service Group, Essential Utilities, Global Water Resources, Artesian Resources Corporation and H2O America (formerly SJW Group). American Water Works Company is listed as a broad incumbent. NextEra Water is listed as an emerging player.
Does Quadvest have an API?
No public API is recorded for Quadvest.
What industry is Quadvest in?
Quadvest's product category is Water and Wastewater Utilities. Its primary akta.pro industry code is EUADABAJ, Multi-Utility Distribution Companies (Electric + Gas/Water Distribution). Its NAICS code is 56211 and its SIC code is 1623.