Out of 60 sectors in the Mergr database, energy services and equipment ranked 17 in number of deals in 2009. The largest energy services and equipment acquisition in 2009 was Pacific Energy Partners - which was acquired by Plains All American Pipeline for $2.4B.
Join Mergr to view all 57 acquisitions of energy services and equipment companies in 2009, including 28 acquisitions by private equity firms, and 29 by strategics.
5900 Cherry Avenue,
Long Beach, California 90805
Pacific Energy Partners (NYSE:PPX) (?Pacific Energy?) is engaged in the business of gathering, transporting, storing and distributing crude oil and other related products. Pacific Energy is a master limited partnership headquartered in Long Beach, California. The Company operates its businesses through two regional operating units: West Coast operations and Rocky Mountain operations. The West Coast operations (66% of gross profit) transport crude oil produced from California?s San Joaquin Valley and Outer Continental Shelf via pipeline to refineries and terminal facilities in the Los Angeles Basin and Bakersfield
Pacific Energy Partners was acquired by Plains All American Pipeline on November 15, 2009.
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