Add-on Acquisition • Energy Services and Equipment

Approved Oil Co. Acquires Star Industrial Service

On August 31, 2021, Approved Oil Co. acquired energy services and equipment company Star Industrial Service

Acquisition Context
  • This is Approved Oil Co.’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Approved Oil Co.’s 4th transaction in the United States.
  • This is Approved Oil Co.’s 4th transaction in New York.

Explore All 1261 Add-on Acquisition Energy Services and Equipment Deals - Search the Database Free


M&A Deal Summary

Date August 31, 2021
Target Star Industrial Service
Sector Energy Services and Equipment
Buyer(s) Approved Oil Co.
Deal Type Add-on Acquisition

Target Company

Star Industrial Service

Brooklyn, New York, United States
Star Industrial Service's mission is to maintain the comfort of their customers' buildings, prolong the life of their heating equipment, and reduce energy costs. Star Industrial Service is based in Brooklyn, New York.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Approved Oil Co.

Brooklyn, New York, United States

Category Company
Founded 1932
Sector Energy Services and Equipment
Employees150
DESCRIPTION

Approved Oil Co. provides New York City's residents and businesses with intelligent energy solutions that drive down costs while promoting efficiency and enhancing comfort. Approved Oil Co. was founded in 1932 and is based in Brooklyn, New York.


Deal Context for Buyer #
Overall 4 of 4
Sector: Energy Services and Equipment 3 of 3
Type: Add-on Acquisition 3 of 3
State: New York 4 of 4
Country: United States 4 of 4
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Original Energy - Heating Oil and Service Division

Port Chester, New York, United States

Original Energy - Heating Oil and Service Division offers unsurpassed purchasing power and low prices and has been offering customers complete transparency and confidence in our ability to deliver in the New York metro market for over 80 years.

Buy -