Continental Energy Systems Acquisitions and Exits, 4 Deals Between 2007 and 2014
energy services and equipment Company

Continental Energy Systems has acquired 2 companies of its own. It has also divested 2 assets.

Continental Energy Systems’ largest acquisition to date was in 2009, when it acquired Natural Gas Operations - PNM Resources for $640M. It’s largest disclosed sale occurred in 2012, when it sold SEMCO Energy to AltaGas for $1.1B. Continental Energy Systems has acquired in 2 different US states. The Company’s most targeted sectors include energy services and equipment (50%) and oil/gas exploration (50%).

Join Mergr and gain access to Continental Energy Systems’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector.

Continental Energy Systems LLC

630 Fifth Avenue, 30th Floor ,
New York, New York 10111
United States,
www.continentalllc.com

Continental Energy Systems is engaged in the transmission and distribution of gas and electricity in Michigan, Alaska and Texas. The Company, based in Michigan, has three operating divisions, SEMCO Energy, ENSTAR and Cap Rock Energy, which together serve approximately 445,000 customers.

M&A Summary

Buy vs Sell

Year ≤ '14 '15 '16 '17 '18 '19 T
Buy (0.0/yr) # 2 - - - - - 2
vol $640M $640M
Sell (0.0/yr) # 2 - - - - - 2
vol $2.1B $2.1B
  4

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Financial Deals
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Legal Deals
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Deal Values

Buy # TOTAL
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
TOTAL Sign-up to View
Largest Natural Gas Operations - PNM Resources
$640M (2009-01-30)
Sell # Total
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
Total Sign-up to View
Largest SEMCO Energy, Inc.
$1.1B (2012-02-01)

Energy Services And Equipment M&A - Last 3 Years

Continental Energy Systems was acquired by Lindsay Goldberg on January 23, 2019.

When analyzing the energy services and equipment sector as a whole, according to Mergr, in the last 3 years, there are 204 energy services and equipment companies that have made at least 1 acquisition, 8 have acquired at least 5 companies, and 1 has acquired more than 10 companies.

The most prolific strategic energy services and equipment acquirer over the past 3 years is Tri-Point Oil & Gas Production Systems, with 5 acquisitions. The most prolific private equity acquirer in the energy services and equipment sector over the past 3 years is Tailwater Capital LLC with 7 platform acquisitions.


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