Centrica - M&A Summary and Business Overview

UtilitiesCompany

Centrica M&A Summary

Centrica has acquired 21 companies, including 3 in the last 5 years. A total of 3 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 oil/gas exploration (24%) and utilities (20%).

Centrica Business Overview

Where is Centrica headquartered?

Centrica is headquartered in Windsor, United Kingdom.

What is Centrica’s revenue?

Centrica disclosed revenue of 26,458M GBP for 2023 and 23,741M GBP for 2022.

How many employees does Centrica have?

Centrica has 21,432 employees.

What sector is Centrica in?

Centrica is an utilities company.

When was Centrica founded?

Centrica was founded in 1812.

M&A Summary

  • M&A Total Activity25
    • M&A Buy Activity21
    • M&A Sell Activity4
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 15

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. Centrica aims to meet our customers’ energy needs and deliver long-term value to our shareholders. Centrica was founded in 1812 and is headquartered in Windsor, England.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 20 - - - - 1 21
vol $2.4B $2.4B
Sell (0.6/yr) # 1 1 1 1 - - 4
vol $3.6B $2M $3.6B
  25

Most Recent M&A

Company Date Value Type
Ensek Ltd. 2024-07-29 - Add-on Acquisition
Nottingham, United Kingdom · www.ensek.com
Centrica Business Solutions Mexico S.A. de C.V. 2022-05-26 2M MXN Divestiture
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
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 (19%) 530M (22%) 2 (50%) 3.6B (100%)
Oil/Gas Exploration 5 (24%) 1.5B (62%) - -
Energy Services and Equipment 4 (19%) 252M (11%) 1 (25%) 2M (< 1%)
Internet Software and Services 3 (14%) 79M (3%) - -
Technology Hardware 2 (10%) 20M (1%) - -
Software 1 (5%) - 1 (25%) -
Information Technology 1 (5%) 22M (1%) - -
Renewable Energy 1 (5%) - - -
Total 21 $2.4B 4 $3.6B

By Geo

State/Country Buy Value Sell Value
United Kingdom 10 477M 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 10 (48%) 477M (20%) 1 (25%) -
Cross-border 11 (52%) 1.9B (80%) 3 (75%) 3.6B (100%)
Total 21 $2.4B 4 $3.6B

Deal Values

buy # Total
$100M to $1B 7 $2.2B
< $100M 6 $168M
TOTAL $2.4B
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)
14%
3 (14%)
Strategic(s)
29%
6 (29%)
Divested to
Strategic(s)
100%
4 (100%)

 Subscribe to unlock this and 208,055
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
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K 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