Superior Plus Mergers and Acquisitions Summary

Diversified Company

Superior Plus has acquired 23 companies, including 17 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets.

Superior Plus’ largest acquisition to date was in 2018, when it acquired NGL Propane for $900M. It’s largest disclosed sale occurred in 2021, when it sold Superior Plus - Specialty Chemicals Business to Birch Hill Equity Partners for $725M. Superior Plus has acquired in 12 different US states, and 2 countries. The Company’s most targeted sectors include distribution (79%) and energy services and equipment (9%).

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

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity23
    • M&A Sell Activity4
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 8
  • M&A Advisors 7

Superior Plus Corp.

200 Wellington Street West, Suite 401,
Toronto, Ontario M5V 3C7
Canada,
(416) 345-8050
www.superiorplus.com

Superior Plus Corp. is a diversified company that engages in the energy distribution and specialty chemicals business. The company operates two separate businesses: Energy Distribution and Specialty Chemicals. All of the businesses are operated on the principles of entrepreneurship, continuous improvement, executing on objectives, safety, and teamwork. Superior Plus was formed in 1996 and is based in Toronto, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (3.2/yr) # 7 4 4 1 4 3 23
vol $503M $450M $900M $159M $2.0B
Sell (0.2/yr) # 3 - - - - 1 4
vol $960M $725M $1.7B
  27

Most Recent M&A

Company Date Value Type
Superior Plus Corp. - Specialty Chemicals Business 2021-02-18 725M USD Divestiture
Toronto, Ontario
Highlands Propane 2021-02-11 - Add-on Acquisition
Fenelon Falls, Ontario · www.highlandspropane.ca
Miller Propane 2021-02-11 - Add-on Acquisition
Mont-Tremblant, Quebec · www.miller-propane.com
Holden Oil 2021-01-26 - Add-on Acquisition
Peabody, Massachusetts · www.holdenoil.com
Central Coast Propane 2020-10-15 - Add-on Acquisition
Paso Robles, California · www.centralcoastpropane.com
Rymes Propane & Oil 2020-08-25 159M USD Add-on Acquisition
Concord, New Hampshire · www.rymes.com
Champagne’s Energy, Inc. 2020-07-28 - Add-on Acquisition
Arundel, Maine · www.champagnesenergy.com
Western Propane Service, Inc. 2020-01-09 - Add-on Acquisition
Garden Grove, California · www.westernpropaneservice.com
Phelps Sungas, Inc. 2019-03-26 - Add-on Acquisition
Geneva, New York · www.sungas.com
Musco Fuel & Propane LLP 2018-10-18 - Add-on Acquisition
Wolcott, Connecticut · www.muscopropane.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Distribution 18 (78%) 1.4B (68%) 1 (25%) 325M (19%)
Building Materials 1 (4%) 21M (1%) 2 (50%) 635M (38%)
Energy Services and Equipment 2 (9%) 537M (27%) - -
Retail 1 (4%) 86M (4%) - -
Utilities 1 (4%) 8M (< 1%) - -
Chemicals - - 1 (25%) 725M (43%)
Total 23 $2.0B 4 $1.7B

By Geo

State/Country Buy Value Sell Value
United States 17 1.6B 2 635M
  New York 5 250M - -
  California 2 - - -
  North Carolina 1 135M 1 325M
  Virginia 1 - - -
  Oklahoma 1 900M - -
  Ohio 1 38M - -
  New Hampshire 1 159M - -
  Nevada 1 - - -
  Massachusetts 1 - - -
  Maine 1 - - -
  Connecticut 1 - - -
  South Carolina - - 1 310M
Canada 6 444M 2 1.1B
  Ontario 3 29M 2 1.1B
  Quebec 1 - - -
  Newfoundland 1 3M - -
  Alberta 1 412M - -
Domestic 6 (26%) 444M (22%) 2 (50%) 1.1B (62%)
Cross-border 17 (74%) 1.6B (78%) 2 (50%) 635M (38%)
Total 23 $2.0B 4 $1.7B

Top M&A Advisors

Financial Deals
BMO Capital Markets
2
Barclays Investment Bank
1
TD Securities
1
Legal Deals
Orrick, Herrington & Sutcliffe LLP
4
Norton Rose Fulbright LLP
2
Blake, Cassels & Graydon LLP
1

Deal Values

buy # Total
$100M to $1B 6 $1.9B
< $100M 5 $156M
TOTAL $2.0B
Largest NGL Propane LLC
$900M (2018-05-30)
sell # Total
$100M to $1B 4 $1.7B
TOTAL $1.7B
Largest Superior Plus Corp. - Specialty Chemicals Business
$725M (2021-02-18)

M&A Connections

Deals
Acquired from
Investor(s)
4%
1 (4%)
Strategic(s)
17%
4 (17%)
Divested to
Investor(s)
50%
2 (50%)
Strategic(s)
50%
2 (50%)

 Subscribe to unlock this and 161,366
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

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
  • 4.1K Private Equity Firms
  • 150K M&A Transactions
  • 157K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 48K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.