Star Group - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Star Group M&A Summary

Star Group has acquired 7 companies.

Star Group’s largest acquisition to date was in 2001, when it acquired Meenan Oil for $120M. Star Group has acquired in 6 different US states. The Company’s most targeted sectors include utilities (86%) and distribution (15%).

Star Group Business Overview

Where is Star Group headquartered?

Star Group is headquartered in Stamford, Connecticut.

What is Star Group’s revenue?

Star Group disclosed revenue of 1,953M USD for 2023 and 2,007M USD for 2022.

How many employees does Star Group have?

Star Group has 3,052 employees.

What sector is Star Group in?

Star Group is an energy services and equipment company.

When was Star Group founded?

Star Group was founded in 1995.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Star Group

Star Group L.P.

9 West Broad Street,
Stamford, Connecticut 06902
United States,
(203) 328-7310
www.stargrouplp.com

Star Group is a full service energy provider specializing in the sale of home heating products and services to residential and commercial customers. Star sells diesel fuel, gasoline and home heating oil on a delivery-only basis. Star Group was founded in 1995 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 7 - - - - - 7
vol $190M $190M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Griffith Energy Services, Inc. 2014-01-30 70M USD Divestiture
Columbia, Maryland · www.griffithenergyservices.com
Modern Gas 2002-03-14 - Add-on Acquisition
Woodbine, New Jersey
Valley Propane, Inc. 2001-09-28 - Divestiture
Providence, Rhode Island
ProvEnergy Oil Co. 2001-08-24 - Divestiture
Warwick, Rhode Island
Meenan Oil Co. Inc. 2001-08-01 120M USD Add-on Acquisition
Wantagh, New York
Midwest Tru-Gas 2001-02-05 - Add-on Acquisition
, Wisconsin
Petroleum Heat and Power, Inc. 2000-09-30 - Add-on Acquisition
Stamford, Connecticut · www.petro.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Utilities 6 (86%) 120M (63%) - -
Distribution 1 (14%) 70M (37%) - -
Total 7 $190M - -

By Geo

State/Country Buy Value Sell Value
United States 7 190M - -
  Rhode Island 2 - - -
  Wisconsin 1 - - -
  New York 1 120M - -
  New Jersey 1 - - -
  Maryland 1 70M - -
  Connecticut 1 - - -
Total 7 $190M - -

Deal Values

buy # Total
$100M to $1B 1 $120M
< $100M 1 $70M
TOTAL $190M
Largest Meenan Oil Co. Inc.
$120M (2001-08-01)

M&A Connections

Deals
Acquired from
Strategic(s)
43%
3 (43%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

1,953   3% 2023
2,007   35% 2022
1,497   3% 2021
1,467   17% 2020
1,754   5% 2019
1,678   27% 2018
1,324   15% 2017
1,161   31% 2016
1,674   15% 2015
1,962   13% 2014
1,741   17% 2013
1,497   2012
(millions of USD) Show More Show Less

Employees

3,052

Established

1995

Public

NYSE: SGU

Former Name

Star Gas Partners L.P.

 Subscribe to unlock this and 209,130
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
1 Week Free Trial Learn 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
  • 202K M&A Transactions
  • 205K 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 Star Group

Connecticut Companies , Energy Services and Equipment Companies , United States Companies , Connecticut Energy Services and Equipment Companies , Connecticut Energy Services and Equipment with Acquisitions , Connecticut Energy Services and Equipment with Divestitures

Related Lists for Connecticut Companies

Largest Connecticut Companies , Acquisitive Connecticut Companies , Recently Acquired Connecticut Companies , Recently Sold Connecticut Companies , Private Connecticut Companies , Public Connecticut Companies , Acquired Connecticut Companies , PE Backed Connecticut Companies

Related Lists for Energy Services and Equipment Companies

Largest Energy Services and Equipment Companies , Acquisitive Energy Services and Equipment Companies , Recently Acquired Energy Services and Equipment Companies , Recently Sold Energy Services and Equipment Companies , Private Energy Services and Equipment Companies , Public Energy Services and Equipment Companies , Acquired Energy Services and Equipment Companies , PE Backed Energy Services and Equipment Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal