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Essential Utilities

Bryn Mawr, PAwww.essential.co1expert edge

Publicly traded parent of Aqua America (water/wastewater) and Peoples Natural Gas; serves ~5M people across 10 U.S. states. Announced $40B merger with American Water Works in 2025.

Why interesting to a deal team

Reference combinable: post-merger with American Water, the combined entity becomes the dominant U.S. water IOU and the de-facto consolidator. Important comp for water-utility roll-up theses.

Experts connected to this company

C(

Christopher (Chris) Franklin

Chairman & CEO (Executive Vice Chair-designate post American Water merger)

Essential Utilities

FounderBryn Mawr

Leads the consolidator of U.S. water utilities and architect of the largest water-utility combination in history. Defines the policy and capital framework everyone else operates within.

Sources

Strongest evidencePage title2 public sourcesHow the grades work