RRD Partner, S. McConnell, Helps Client Acquire Wastewater System

RRD Partner, Stephen P. McConnell, successfully represented a subsidiary of one of the largest, U.S.-based, publicly-traded water utilities in the $11.3 million acquisition of a Pennsylvania township’s wastewater system that serves approximately 3,000 people.

Mr. McConnell helped steer the acquisition from the drafting of the asset purchase agreement through due diligence and closing. In the complex transaction, the client acquired four parcels of real estate and numerous private easements and rights of way in addition to the wastewater system assets. Mr. McConnell has represented the client in water and wastewater acquisitions for over 8 years.