M&A Deal Summary

Cofely USA Acquires ENGIE Insight Services

On May 29, 2014, Cofely USA acquired business services company ENGIE Insight Services from Avista for 335M USD

Acquisition Highlights
  • This is Cofely USA’s 1st transaction in the Business Services sector.
  • This is Cofely USA’s largest (disclosed) transaction.
  • This is Cofely USA’s 1st transaction in the United States.
  • This is Cofely USA’s 1st transaction in Washington.

M&A Deal Summary
Date 2014-05-29
Target ENGIE Insight Services
Sector Business Services
Buyer(s) Cofely USA
Sellers(s) Avista
Deal Type Divestiture
Deal Value 335M USD

Target

ENGIE Insight Services

Spokane, Washington, United States
ENGIE Insight Services, Inc. is a total energy and sustainability management company whose sole purpose is to see more, save more and sustain more for our clients. Using insights based on consumption, cost and carbon footprint data spanning thousands of utilities, hundreds of thousands of business sites and millions of households, we provide fully managed, technology-optimized solutions for saving resources, which in turn increase returns, lower risks, and enhance reputations.

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Buyer(S) 1

Buyer

Cofely USA

United States
Category Company
Sector Utilities
DESCRIPTION

Cofely USA, Inc. is a utilities service company.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Avista

Spokane, Washington, United States
Category Company
Founded 1889
Sector Utilities
Employees1,920
Revenue 1.8B USD (2023)
DESCRIPTION

Avista is an energy company engaged in the generation, transmission and distribution of electricity and the distribution of natural gas, as well as other energy-related businesses. Avista was founded in 1889 and is based in Spokane, Washington.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 3
State (Washington) 2 of 2
Country (United States) 2 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-04 Alaska Energy and Resources Company

Juneau, Alaska, United States

Alaska Energy and Resources Company is the parent company of Alaska Electric Light and Power Company (AEL&P), the oldest regulated electric utility in Alaska. AEL&P, with 60 fulltime employees, serves approximately 15,900 customers in the city and borough of Juneau.

Buy $170M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-18 METALfx

Willits, California, United States

METALfx is a provider of precision sheet metal fabrications, enclosures, assemblies, and complex wood composite components across a variety of industries, including technology, healthcare, industrial, and others. METALfx was founded in 1976 and is based in Willits, California.

Sell -
Mergr

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