M&A Deal Summary |
|
|---|---|
| Date | 2024-08-05 |
| Target | New Mexico Gas |
| Sector | Utilities |
| Buyer(s) | Bernhard Capital Partners |
| Sellers(s) | TECO Energy |
| Deal Type | Divestiture |
| Deal Value | 1.3B USD |
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Bernhard Capital Partners is a private equity firm focused on acquiring and investing in middle-market services companies. Bernhard Capital Partners was formed in 2013 and is headquartered in Baton Rouge, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 21 |
| Sector: Utilities M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: New Mexico M&A | 2 of 2 |
| Country: United States M&A | 20 of 21 |
| Year: 2024 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-22 |
Brailsford & Dunlavey
Washington, District of Columbia, United States Brailsford & Dunlavey is a multidisciplinary development advisory and program management firm, serving hundreds of colleges and universities, schools, municipalities, and professional sports organizations nationwide. Brailsford & Dunlavey was founded in 1993 and is based in Washington DC. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-02 |
TechServ
Tyler, Texas, United States TechServ provides construction oversight services, utility and telecommunication engineering and design, damage assessment, and joint use coordination to power delivery utilities and telecommunication asset owners. TechServ was founded in 1992 and is based in Tyler, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1899 |
| Sector | Energy Services and Equipment |
| Employees | 4,400 |
| Revenue | 2.6B USD (2014) |
TECO Energy, Inc. is an energy-related holding company with regulated electric and gas utilities
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: New Mexico M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-03 |
New Mexico Gas
Albuquerque, New Mexico, United States New Mexico Gas is a gas company which maintains 12,000 miles of natural gas pipeline to provide service to more than 513,000 residential, commercial and transportation customers. New Mexico Gas was founded in 2008 and is based in Albuquerque, New Mexico. |
Buy | $950M |
