M&A Deal Summary

Grace Pacific Acquires Mid Pac Petroleum

On January 1, 2011, Grace Pacific acquired oil/gas exploration company Mid Pac Petroleum from Koko oha Investments

Acquisition Highlights
  • This is Grace Pacific’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Grace Pacific’s 1st transaction in the United States.
  • This is Grace Pacific’s 1st transaction in Hawaii.
Investment Fate
  • Mid Pac Petroleum was divested to a consortium of strategic buyers in 2015 for 107M USD.

M&A Deal Summary

Date 2011-01-01
Target Mid Pac Petroleum
Sector Oil/Gas Exploration
Buyer(s) Grace Pacific
Sellers(s) Koko oha Investments
Deal Type Divestiture

Target

Mid Pac Petroleum

Honolulu, Hawaii, United States
Mid Pac Petroleum LLC is a acquisition, distribution and marketing of petroleum products in the State of Hawaii.

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Buyer(S) 1

Buyer

Grace Pacific

Kapolei, Hawaii, United States

Category Company
Founded 1921
Sector Construction
Employees550
DESCRIPTION

Grace Pacific engages in the construction and maintenance of roads and highways. Grace Pacific has constructed and maintained the roads and highways that have become an integral part of Hawaii's transportation infrastructure. Grace Pacific also offers a wide range of construction-related materials and services including prestressed and precast concrete products, metal framing systems for construction, custom specialty signage, and traffic and roadway safety products. Grace Pacific was founded in 1921 and is based in Kapolei, Hawaii.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Hawaii M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Mid Pac Petroleum

Honolulu, Hawaii, United States

Mid Pac Petroleum LLC is a acquisition, distribution and marketing of petroleum products in the State of Hawaii.

Sell $107M

Seller(S) 1

SELLER

Koko oha Investments

United States

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Koko'oha Investments, Inc. is a provider of oil and gas exploration services.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Hawaii M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-01 Mid Pac Petroleum

Honolulu, Hawaii, United States

Mid Pac Petroleum LLC is a acquisition, distribution and marketing of petroleum products in the State of Hawaii.

Buy -