M&A Deal Summary

AEP Acquires Indiana Michigan Power

On January 1, 1922, AEP acquired utilities company Indiana Michigan Power

Acquisition Highlights
  • This is AEP’s 1st transaction in the Utilities sector.
  • This is AEP’s 1st transaction in the United States.
  • This is AEP’s 1st transaction in Ohio.

M&A Deal Summary
Date 1922-01-01
Target Indiana Michigan Power
Sector Utilities
Buyer(s) AEP
Deal Type Add-on Acquisition

Target

Indiana Michigan Power

Columbus, Ohio, United States
Indiana Michigan Power Co. engages in the electric power supply operations to retail and other customers in Northern and Eastern Indiana and Southwestern Michigan.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AEP

Columbus, Ohio, United States
Category Company
Founded 1906
Sector Utilities
Employees16,800
Revenue 19.0B USD (2023)
DESCRIPTION

AEP is a utility holding company. AEP owns nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP was founded in 1906 and is based in Columbus, Ohio.

DEAL STATS #
Overall 1 of 5
Sector (Utilities) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Ohio) 1 of 3
Country (United States) 1 of 5
Year (1922) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1925-01-01 Appalachian Power

Columbus,, Ohio, United States

Appalachian Power Co. engages in the electric power distribution, company owns 7,885 megawatts of generating capacity; and serves approximately 960,000 retail customers.

Buy -
Mergr

Product

Company

Legal