M&A Deal Summary

Jet Infrastructure Acquires International-Matex Tank Terminals - Five Fuel Terminals

On November 1, 2023, Jet Infrastructure acquired energy services and equipment company International-Matex Tank Terminals - Five Fuel Terminals from IMTT

Acquisition Highlights
  • This is Jet Infrastructure’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Jet Infrastructure’s 2nd transaction in the United States.

M&A Deal Summary

Date 2023-11-01
Target International-Matex Tank Terminals - Five Fuel Terminals
Sector Energy Services and Equipment
Buyer(s) Jet Infrastructure
Sellers(s) IMTT
Deal Type Divestiture

Target

International-Matex Tank Terminals - Five Fuel Terminals

United States
International-Matex Tank Terminals' Five Fuel Terminals providing the Company with increased capacity and connectivity to offer greater volumes of product for military and fixed base operators across the U.S. Southeast.

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Buyer(S) 1

Buyer

Jet Infrastructure

Highlands Ranch, Colorado, United States

Category Company
Founded 2018
Sector Energy Services and Equipment
DESCRIPTION

Jet Infrastructure delivers comprehensive capacity solutions for the storage and distribution of aviation fuel for airports across North America. Jet Infrastructure was founded in 2018 and is based in Highlands Ranch, Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 Buckeye Partners - Jet Fuel Pipeline and Terminal Assets

United States

Buckeye Partner's Jet Fuel Pipeline and Terminal Assets provides operations and maintenance, asset development and construction services for pipeline and energy assets across the United States.

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Seller(S) 1

SELLER

IMTT

New Orleans, Louisiana, United States

Category Company
Founded 1939
Sector Energy Services and Equipment
DESCRIPTION

IMTT is a provider of handling and storage of bulk liquid products through its ownership and operation of ten terminals in the U.S. and two additional facilities in Canada. The terminals handle petroleum (primarily refined), chemical, and vegetable and animal oil products for customers including refiners, commodities traders, and specialty chemical manufacturers. Customers retain ownership of the bulk liquids, as well as responsibility for ensuring those products. IMTT was formed in 1939 and is based in New Orleans, Louisiana.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 International-Matex Tank Terminals - Georgia Terminals

Savannah, Georgia, United States

International-Matex Tank Terminals' Georgia Terminals provides energy services in Savannah, Georgia.

Sell -