ITC Holdings - M&A Summary, Ownership, and Business Overview

UtilitiesCompany

ITC Holdings M&A Summary

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%).

ITC Holdings Ownership

Who owns ITC Holdings?

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

ITC Holdings Business Overview

Where is ITC Holdings headquartered?

ITC Holdings is headquartered in Novi, Michigan.

What is ITC Holdings’ revenue?

ITC Holdings disclosed revenue of 1,044M USD for 2015 and 1,023M USD for 2014.

How many employees does ITC Holdings have?

ITC Holdings has 637 employees.

What sector is ITC Holdings in?

ITC Holdings is an utilities company.

When was ITC Holdings founded?

ITC Holdings was founded in 2001.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

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 ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
vol $866M $866M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Trans-Elect Development Co. LLC 2006-05-12 866M USD Add-on Acquisition
Reston, Vermont · www.trans-elect.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 1 (100%) 866M (100%) - -
Total 1 $866M - -

By Geo

State/Country Buy Value Sell Value
United States 1 866M - -
  Vermont 1 866M - -
Total 1 $866M - -

Deal Values

buy # Total
$100M to $1B 1 $866M
TOTAL $866M
Largest Trans-Elect Development Co. LLC
$866M (2006-05-12)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)

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