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Pennsylvania American Water acquires SSMSA wastewater system

PRIVATEAug 13, 2026about 2 hours ago

Acquiring Company

Pennsylvania American Water

Acquired Company

WORQ

MalaysiaSustainabilityNatural Resources

Description

Pennsylvania American Water completed its acquisition of the Sutersville-Sewickley Municipal Sewage Authority's wastewater system for $3.25 million. The acquisition will benefit approximately 500 customer connections with lower average rates and infrastructure upgrades. Pennsylvania American Water plans to invest $700,000 in improvements over the next five years. The Public Utility Commission approved the acquisition on March 26, 2026.

Company Information

Company

Pennsylvania American Water

About

Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 2.4 million people.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired WORQ?

WORQ was acquired by Pennsylvania American Water. The deal was reported on August 13, 2026. Pennsylvania American Water is privately held and operates in Sustainability.

When did Pennsylvania American Water acquire WORQ?

Pennsylvania American Water's acquisition of WORQ was reported on August 13, 2026. Pennsylvania American Water completed its acquisition of the Sutersville-Sewickley Municipal Sewage Authority's wastewater system for $3.25 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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