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M&A Deal Summary

Kiwetinohk Acquires Distinction Energy

On June 28, 2021, Kiwetinohk acquired energy services and equipment company Distinction Energy

Acquisition Highlights
  • This is Kiwetinohk’s 1st transaction in the Energy Services and Equipment sector.
  • This is Kiwetinohk’s 1st transaction in Canada.
  • This is Kiwetinohk’s 1st transaction in Alberta.

M&A Deal Summary
Date 2021-06-28
Target Distinction Energy
Sector Energy Services and Equipment
Buyer(s) Kiwetinohk
Deal Type Merger

Target

Distinction Energy

Calgary, Alberta, Canada
Distinction Energy is a Montney E&P Company with world-class assets. With a substantial drilling inventory on the largest land base at Bigstone. Distinction Energy is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Kiwetinohk

Calgary, Alberta, Canada
Category Company
Founded 2018
Sector Energy Services and Equipment
Employees90
Revenue 510M CAD (2024)
DESCRIPTION

Kiwetinohk is a private energy transition company seeking to produce clean energy by both capturing renewables and producing oil and gas and then converting gas to carbon-free forms of consumer energy: electricity and hydrogen. Kiwetinohk was established in 2018 and is headquartered in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
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