M&A Deal Summary

Duquesne Light Holdings Acquires The Efficiency Network

On June 4, 2019, Duquesne Light Holdings acquired energy services and equipment company The Efficiency Network

Acquisition Highlights
  • This is Duquesne Light Holdings’ 1st transaction in the Energy Services and Equipment sector.
  • This is Duquesne Light Holdings’ 1st transaction in the United States.
  • This is Duquesne Light Holdings’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-06-04
Target The Efficiency Network
Sector Energy Services and Equipment
Buyer(s) Duquesne Light Holdings
Deal Type Add-on Acquisition

Target

The Efficiency Network

Pittsburgh, Pennsylvania, United States
The Efficiency Network, Inc.is a provider of customized energy solutions for large businesses, governments, universities and hospital systems. The company delivers a robust suite of fiscally sound, environmentally responsible energy efficiency, distributed generation and smart city products and services. The Efficiency Network was formed in 2012 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Duquesne Light Holdings

Pittsburgh, Pennsylvania, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Duquesne Light Holdings, Inc. is an energy services holding company formed in 1989 to serve as the holding company for Duquesne Light Company, a regulated electric public utility, and to engage in certain unregulated energy and related businesses. Duquesne Light Company was formed in 1912 and provides electric transmission and distribution services in Southwestern Pennsylvania, including the City of Pittsburgh.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-19 DQE Communications

Pittsburgh, Pennsylvania, United States

DQE Communications is a provider of high-speed, data networking for businesses and carriers offers a robust portfolio of Internet and Data Network Solutions. DQE Communications was founded in 1997 and is based in Pittsburgh, Pennsylvania.

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