M&A Deal Summary

Guttman Energy and Source One Transportation Acquire Weaver Energy

On September 17, 2024, Guttman Energy and Source One Transportation acquired energy services and equipment company Weaver Energy

Acquisition Highlights
  • This is Guttman Energy’s 1st and Source One Transportation’s 1st transaction in the Energy Services and Equipment sector.
  • This is Guttman Energy’s 1st and Source One Transportation’s 1st transaction in the United States.
  • This is Guttman Energy’s 1st and Source One Transportation’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-09-17
Target Weaver Energy
Sector Energy Services and Equipment
Buyer(s) Guttman Energy
Source One Transportation
Deal Type Add-on Acquisition

Target

Weaver Energy

Lititz, Pennsylvania, United States
Weaver Energy provides bioheat energy, heating oil, fueling options, transportation, and HVAC services to customers in central and eastern Pennsylvania. Weaver Energy is based in Lititz, Pennsylvania

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Buyer(S) 2

Buyer

Guttman Energy

Belle Vernon, Pennsylvania, United States
Category Company
Founded 1931
Sector Energy Services and Equipment
DESCRIPTION

Guttman Energy is a full-service fuel distribution enterprise providing fuel solutions, procurement, applied market intelligence, and logistical programs to commercial, industrial, and governmental organizations. Guttman Energy was formed in 1931 and is based in Belle Vernon, Pennsylvania.

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 (2024) 1 of 1
Buyer

Source One Transportation

Belle Vernon, Pennsylvania, United States
Category Company
Founded 2001
Sector Transportation
DESCRIPTION

Source One Transportation provides petroleum and alternative fuels delivery and logistics services to refiners, convenience store operations, service stations, distributors, carriers, and commercial customers. Source One Transportation was formed in 2001 and is based in Belle Vernon, Pennsylvania.

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 (2024) 1 of 1
Mergr

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