M&A Deal Summary

NGL Acquires Mesquite Disposals Unlimited

On May 14, 2019, NGL acquired utilities company Mesquite Disposals Unlimited for 893M USD

Acquisition Highlights
  • This is NGL’s 3rd transaction in the Utilities sector.
  • This is NGL’s largest (disclosed) transaction.
  • This is NGL’s 9th transaction in the United States.
  • This is NGL’s 1st transaction in New Mexico.

M&A Deal Summary

Date 2019-05-14
Target Mesquite Disposals Unlimited
Sector Utilities
Buyer(s) NGL
Deal Type Add-on Acquisition
Deal Value 893M USD

Target

Mesquite Disposals Unlimited

New Mexico, United States
Mesquite Disposals Unlimited LLC is a provider of water utility line construction services based in New Mexico.

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Buyer(S) 1

Buyer

NGL

Tulsa, Oklahoma, United States

website


Category Company
Founded 1940
Sector Energy Services and Equipment
Employees842
Revenue 7.9B USD (2022)
DESCRIPTION

NGL operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing, and retail propane. NGL was founded in 1940 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 9 of 10
Sector (Utilities) 3 of 3
Type (Add-on Acquisition) 5 of 5
State (New Mexico) 1 of 1
Country (United States) 9 of 10
Year (2019) 2 of 3
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 DCP Midstream - Gas Supply Resources

Denver, Colorado, United States

DCP Midstream LLC - Gas Supply Resources consisting of seven natural gas liquids terminals in the Eastern United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-26 Hillstone Environmental Partners

Denver, Colorado, United States

Hillstone Environmental Partners LLC is a company focused on water infrastructure solutions for the oil and gas industry. The company concentrates on developing, owning and operating assets related to the delivery, transportation, treatment, recycling and disposal of water throughout U.S. shale basins. Hillstone Environmental Partners is headquartered in Denver, Colorado.

Buy $600M