Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

American Water Works Co / Equity Bottom-Up

<ul><li>American Water Works has taken a transformative step by agreeing to acquire Essential Utilities in an all-stock merger that would create the largest regulated water and wastewater utility platform in the United States.</li><li>The transaction, expected to close by the end of the first quarter of 2027, would result in American Water shareholders owning approximately 69% of the combined entity, with Essential Utilities shareholders holding the remaining 31%.</li><li>The pro forma company would command a rate base of roughly $34 billion as of year-end 2024 and serve approximately 5.4 million water, wastewater, and natural gas connections across 17 regulated states and 18 military installations.</li></ul>

American Water Works has taken a transformative step by agreeing to acquire Essential Utilities in an all-stock merger that would create the largest regulated water and wastewater utility platform in the United States.The transaction, expected to close by the end of the first quarter of 2027, would result in American Water shareholders owning approximately 69% of the combined entity, with Essential Utilities shareholders holding the remaining 31%.The pro forma company would command a rate base of roughly $34 billion as of year-end 2024 and serve approximately 5.4 million water, wastewater, and natural gas connections across 17 regulated states and 18 military installations.

American Water And Essential Utilities: The Mega-Utility Deal Shaking Up Investors!