ITC Holdings Acquired 1 Company in 2006
utilities Company

ITC Holdings has acquired 2 companies of its own. A total of 2 acquisitions came from private equity firms.

ITC Holdings’ largest acquisition to date was in 2006, when it acquired Trans-Elect Development for $866M. ITC Holdings has acquired in 1 US state. The Company’s most targeted sectors include electrical equipment (100%).

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

ITC Holdings Corp.

27175 Energy Way,
Novi, Michigan 48377
United States,
(248) 946-3000
www.itc-holdings.com

ITC Holdings Corp. is an electricity transmission and utility serving the central United States and Canada. company. ITC was formed in 2001 and is based in Novi, Michigan.

M&A Summary

Buy vs Sell

Year ≤ '14 '15 '16 '17 '18 '19 T
Buy (0.0/yr) # 1 - - - - - 1
vol $866M $866M
Sell (0.0/yr) # - - - - - - 0
  1

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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 Trans-Elect Development Co. LLC
$866M (2006-05-12)
Sell # Total
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
Total Sign-up to View

Utilities M&A - Last 3 Years

ITC Holdings was acquired by Fortis on February 9, 2016.

When analyzing the utilities sector as a whole, according to Mergr, in the last 3 years, there are 85 utilities companies that have made at least 1 acquisition, 8 have acquired at least 5 companies, and 3 have acquired more than 10 companies.

The most prolific strategic utilities acquirer over the past 3 years is Waterlogic, with 10 acquisitions. The most prolific private equity acquirer in the utilities sector over the past 3 years is Allianz Capital Partners with 3 platform acquisitions.


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