M&A Deal Summary

Just Energy Acquires db swdirekt

On December 12, 2016, Just Energy acquired energy services and equipment company db swdirekt

Acquisition Highlights
  • This is Just Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Just Energy’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-12-12
Target db swdirekt
Sector Energy Services and Equipment
Buyer(s) Just Energy
Deal Type Add-on Acquisition

Target

db swdirekt

Hamburg, Germany
db swdirekt GmbH is a provider of natural gas and power to consumers.

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Buyer(S) 1

Buyer

Just Energy

Toronto, Ontario, Canada

Category Company
Founded 1997
Sector Energy Services and Equipment
Employees1,581
Revenue 2.7B CAD (2021)
DESCRIPTION

Just Energy's business primarily involves the sale of natural gas and/or electricity to residential and commercial customers under long-term fixed-price, price-protected, or variable-priced contracts and green energy products. Just Energy Group was founded in 1997 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 3
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Hudson Energy Solar

Ramsey, New Jersey, United States

Hudson Energy Solar Corp. is a provider of renewable energy services to commercial and residential customers.

Sell $56M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-05 EdgePower

Aspen, Colorado, United States

EdgePower, Inc. is a provider of commercial real-time monitoring, control, and analytics solutions through a cloud-based platform that integrates energy data across multiple sites into a single interface. EdgePower was founded in 2014 and is Aspen, Colorado.

Buy -