Centrica Mergers and Acquisitions Summary

UtilitiesCompany

Centrica has acquired 19 companies, including 5 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 4 assets.

Centrica’s largest acquisition to date was in 2013, when it acquired CQ Energy Canada Partnership for $760M. It’s largest disclosed sale occurred in 2020, when it sold Direct Energy to NRG Energy for $3.6B. Centrica has acquired in 4 different US states, and 8 countries. The Company’s most targeted sectors include energy services and equipment (22%) and oil/gas exploration (22%).

Join Mergr and gain access to Centrica’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the utilities sector.

M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity19
    • M&A Sell Activity4
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 13

Centrica

Centrica Plc

Millstream Maidenhead Road,
Windsor, SL4 5GD
United Kingdom,
+44 17 5349 4000
www.centrica.com

Centrica is a utility company that serves customers in the UK, North America, and Norway .Our aim is to meet our customers’ energy needs and deliver long-term value to our shareholders. Centrica was founded in 1995 and is based in Windsor, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.6/yr) # 16 1 2 - - - 19
vol $2.1B $22M $37M $2.2B
Sell (0.6/yr) # 1 - - 1 1 1 4
vol $3.6B $2M $3.6B
  23

Most Recent M&A

Company Date Value Type
Centrica Business Solutions Mexico S.A. de C.V. 2022-05-26 2M MXN Add-on Acquisition
Mexico City, Mexico · www.centricabusinesssolutions.mx
Io-Tahoe LLC 2021-06-23 - Divestiture
New York, New York · www.iotahoe.com
Direct Energy LP 2020-07-24 3.6B USD Divestiture
Houston, Texas · www.directenergy.com
Minut, Inc. 2019-07-29 - Add-on Acquisition
Malmö, Sweden · www.minut.com
SmartWatt, Inc. 2019-06-19 37M USD Add-on Acquisition
Ballston Lake, New York · www.smartwatt.com
Indegy Ltd. 2018-08-28 22M GBP Add-on Acquisition
Tel Aviv, Israel · www.indegy.com
REstore NV 2017-11-03 79M EUR Add-on Acquisition
Antwerp, Belgium · www.restore.eu
Centrica Plc - Langage & South Humber Bank Gas-Fired Power Stations 2017-06-21 - Divestiture
Windsor, United Kingdom
Rokitt, Inc. 2017-05-03 - Add-on Acquisition
Jersey City, New Jersey · www.rokittastra.com
FlowGem Ltd. 2016-08-30 20M GBP Add-on Acquisition
, United Kingdom
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
British Gas Trading Ltd.    - Power Plus Communications AG 2012-06-20 11
Windsor, United Kingdom · www.britishgas.co.uk Mannheim, Germany · www.ppc-ag.de

M&A by Sector

Sector Buy # Value Sell # Value
Utilities 4 (21%) 530M (25%) 2 (50%) 3.6B (100%)
Energy Services and Equipment 4 (21%) 252M (12%) 1 (25%) 2M (< 1%)
Oil/Gas Exploration 4 (21%) 1.2B (58%) - -
Internet Software and Services 2 (11%) 79M (4%) - -
Technology Hardware 2 (11%) 20M (1%) - -
Software 1 (5%) - 1 (25%) -
Information Technology 1 (5%) 22M (1%) - -
Renewable Energy 1 (5%) - - -
Total 19 $2.2B 4 $3.6B

By Geo

State/Country Buy Value Sell Value
United Kingdom 8 254M 1 -
United States 4 307M 2 3.6B
  Texas 1 270M 1 3.6B
  New York 1 37M 1 -
  New Jersey 1 - - -
  Connecticut 1 - - -
Canada 2 868M - -
Belgium 1 79M - -
Denmark 1 241M - -
Israel 1 22M - -
Mexico - - 1 2M
Sweden 1 - - -
Trinidad and Tobago 1 380M - -
Domestic 8 (42%) 254M (12%) 1 (25%) -
Cross-border 11 (58%) 1.9B (88%) 3 (75%) 3.6B (100%)
Total 19 $2.2B 4 $3.6B

Deal Values

buy # Total
$100M to $1B 6 $2.0B
< $100M 6 $168M
TOTAL $2.2B
Largest CQ Energy Canada Partnership
$760M (2013-04-15)
sell # Total
> $1B 1 $3.6B
< $100M 1 $2M
TOTAL $3.6B
Largest Direct Energy LP
$3.6B (2020-07-24)

M&A Connections

Deals
Acquired from
Investor(s)
11%
2 (11%)
Strategic(s)
26%
5 (26%)
Divested to
Strategic(s)
100%
4 (100%)

 Subscribe to unlock this and 180,003
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.3K Private Equity Firms
  • 170K M&A Transactions
  • 176K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 63K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Centrica

Utilities Companies , United Kingdom Companies