HollyFrontier Mergers and Acquisitions Summary

Oil/gas Exploration Company

HollyFrontier has acquired 2 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

HollyFrontier’s largest acquisition to date was in 2016, when it acquired Suncor Energy - Petro-Canada Lubricants Business for $855M. It’s largest disclosed sale occurred in 2011, when it sold HollyFrontier - Pipeline and Tankage Assets to Holly Energy Partners for $340M. HollyFrontier has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include chemicals (50%) and oil/gas exploration (50%).

Join Mergr and gain access to HollyFrontier’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3
  • M&A Advisors 4

HollyFrontier Corp.

2828 North Harwood, Suite 1300,
Dallas, Texas 75201
United States,
(214) 871-3555
www.hollyfrontier.com

HollyFrontier Corp., is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier was founded in 1947 and is based in Dallas, Texas.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # - 1 - 1 - - 2
vol $855M $655M $1.5B
Sell (0.0/yr) # 2 - - - - - 2
vol $340M $340M
  4

Most Recent M&A

Company Date Value Type
Sonneborn LLC 2018-11-13 655M USD Add-on Acquisition
Parsippany, New Jersey · www.sonneborn.com
Suncor Energy - Petro-Canada Lubricants Business 2016-10-31 855M CAD Divestiture
Mississauga, Ontario
UNEV Pipeline, LLC 2012-06-28 - Stake Purchase
Artesia,, New Mexico
HollyFrontier - Pipeline and Tankage Assets 2011-10-10 340M USD Divestiture
Dallas, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 1 (50%) 855M (57%) 1 (50%) -
Chemicals 1 (50%) 655M (43%) - -
Energy Services and Equipment - - 1 (50%) 340M (100%)
Total 2 $1.5B 2 $340M

By Geo

State/Country Buy Value Sell Value
United States 1 655M 2 340M
  New Jersey 1 655M - -
  Texas - - 1 340M
  New Mexico - - 1 -
Canada 1 855M - -
  Ontario 1 855M - -
Domestic 1 (50%) 655M (43%) 2 (100%) 340M (100%)
Cross-border 1 (50%) 855M (57%) - -
Total 2 $1.5B 2 $340M

Top M&A Advisors

Financial Deals
Goldman Sachs Investment Banking Division
2
Legal Deals
Morgan, Lewis & Bockius LLP
2
Wachtell, Lipton, Rosen & Katz LLP
1
Borden Ladner Gervais LLP
1

Deal Values

buy # Total
$100M to $1B 2 $1.5B
TOTAL $1.5B
Largest Suncor Energy - Petro-Canada Lubricants Business
$855M (2016-10-31)
sell # Total
$100M to $1B 1 $340M
TOTAL $340M
Largest HollyFrontier - Pipeline and Tankage Assets
$340M (2011-10-10)

M&A Connections

Deals %
Acquired from
PE Firm(s)
50%
1 50%
Strategic(s)
50%
1 50%
Divested to
Strategic(s)
100%
2 100%

 Subscribe to unlock this and 155,724
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
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.