Kirby - M&A Summary and Business Overview

TransportationCompany

Kirby M&A Summary

Kirby has acquired 12 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Kirby’s largest acquisition to date was in 2017, when it acquired Stewart & Stevenson for $710M. Kirby has acquired in 6 different US states. The Company’s most targeted sectors include transportation (46%) and marine (37%).

Kirby Business Overview

Where is Kirby headquartered?

Kirby is headquartered in Houston, Texas.

What is Kirby’s revenue?

Kirby disclosed revenue of 2,785M USD for 2022 and 2,247M USD for 2021.

How many employees does Kirby have?

Kirby has 5,200 employees.

What sector is Kirby in?

Kirby is a transportation company.

When was Kirby founded?

Kirby was founded in 1921.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity11
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7

Kirby

Kirby Corp.

55 Waugh Drive, Suite 1000,
Houston, Texas 77007
United States,
(713) 435-1000
www.kirbycorp.com

Kirby is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. Kirby transports petrochemicals, black oil products, refined petroleum products and agricultural chemicals. Kirby was formed in 1921 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 1 - - - - 11
vol $2.5B $2.5B
Sell (0.0/yr) # 1 - - - - - 1
  12

Most Recent M&A

Company Date Value Type
Savage - Inland Tank Barge Fleet 2020-01-30 - Divestiture
Midvale, Utah
Cenac Marine LLC - Marine Transportation Fleet 2019-03-14 244M USD Divestiture
Houma, Louisiana
CGBM 100 LLC - Inland Tank Barge Fleet 2018-11-12 - Divestiture
Kenner, Louisiana
Higman Marine, Inc. 2018-02-04 419M USD Add-on Acquisition
Houston, Texas · www.higman.com
Stewart & Stevenson LLC 2017-06-13 710M USD Add-on Acquisition
Houston, Texas · www.stewartandstevenson.com
UE Compression LLC 2015-11-02 - Divestiture
Henderson, Colorado · www.uecompression.com
Penn Maritime ( Penn) 2012-11-27 295M USD Add-on Acquisition
, United States
Allied Transportation Co. 2012-09-04 116M USD Add-on Acquisition
Norfolk, Virginia
United Holdings LLC 2011-04-15 - Add-on Acquisition
Oklahoma City, United States · www.unitedholdingscorp.com
K-Sea Transportation LLC 2011-03-13 600M USD Add-on Acquisition
Staten Island, New York
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Transportation 5 (45%) 1.0B (42%) - -
Marine 4 (36%) 716M (29%) - -
Machinery 1 (9%) 710M (29%) - -
Manufacturing 1 (9%) - - -
Business Services - - 1 (100%) -
Total 11 $2.5B 1 -

By Geo

State/Country Buy Value Sell Value
United States 11 2.5B 1 -
  Texas 3 1.1B - -
  Louisiana 2 244M - -
  Virginia 1 116M - -
  Utah 1 - - -
  New York 1 600M - -
  Colorado - - 1 -
Total 11 $2.5B 1 -

Deal Values

buy # Total
$100M to $1B 6 $2.4B
< $100M 2 $73M
TOTAL $2.5B
Largest Stewart & Stevenson LLC
$710M (2017-06-13)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Strategic(s)
36%
4 (36%)
Divested to
Investor(s)
100%
1 (100%)

Company Summary

SECTOR

Transportation

Revenue

2,785   24% 2022
2,247   4% 2021
2,171   24% 2020
2,838   5% 2019
2,971   35% 2018
2,214   26% 2017
1,771   18% 2016
2,148   17% 2015
2,566   15% 2014
2,242   7% 2013
2,112   2012
(millions of USD) Show More Show Less

Employees

5,200

Established

1921

Public

NYSE: KEX

Former Name

Kirby Exploration Company, Inc.

 Subscribe to unlock this and 201,535
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
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Kirby

Texas Companies , Transportation Companies , United States Companies , Texas Transportation Companies , Texas Transportation with Acquisitions , Texas Transportation with Divestitures

Related Lists for Texas Companies

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

Related Lists for Transportation Companies

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