Saxton & Stump represented Audubon Water Company in its successful merger with American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded water and wastewater utility in the U.S. The deal closed on May 30, 2025.
Following the acquisition, Audubon will be merged into Pennsylvania American Water, a subsidiary of AWK. Audubon is one of the largest water systems in the state, regulated by the Pennsylvania Public Utility Commission, and serves approximately 3,000 customers in Montgomery County, Pennsylvania in one of the fastest growing areas of the Commonwealth.
Saxton & Stump’s Environmental, Workplace Safety and Utilities team provided regulatory, transactional, and strategic counsel throughout the process, helping navigate a highly regulated and complex utility merger. The deal exemplifies the firm’s experience in representing water and wastewater companies in transactions with utilities. Saxton & Stump’s team was led by Seth Mendelsohn, former executive director of the PA Public Utility Commission and long-time water industry counsel. For more information, read the official press release from American Water here.
