M&A Deal Summary |
|
|---|---|
| Date | 2019-12-26 |
| Target | Coastal GasLink |
| Sector | Energy Services and Equipment |
| Buyer(s) |
KKR
AIMCo |
| Sellers(s) | TC Energy |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 329 of 499 |
| Sector: Energy Services and Equipment M&A | 11 of 12 |
| Type: Divestiture M&A Deals | 36 of 54 |
| State: British Columbia M&A | 2 of 2 |
| Country: Canada M&A | 8 of 12 |
| Year: 2019 M&A | 33 of 33 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-24 |
OverDrive
Cleveland, Ohio, United States OverDrive is a global digital distribution platform, supplying a catalog of eBooks, audiobooks, music, and streaming video to 30,000 libraries, schools, and retailers worldwide. OverDrive was founded in 1986 and is based in Cleveland, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-01 |
Mediawan
Paris, France Mediawan is an operator of an independent European audiovisual content platform. Mediawan is based in Paris, France. |
Buy | - |
AIMCo is a Canadian diversified institutional investment manager serving pension, endowment and government funds in the province of Alberta. In addition to investing in public equities, fixed income, and debt, AIMCo looks to invest in private equity, real estate, timberlands, and infrastructure. AIMCo's private equity group invests in funds and directly in companies throughout North America and Western Europe. Areas of interest include consumer, industrials, business services, financial services, technology, and healthcare. AIMCo is based in Edmonton, with additional offices in Toronto and London.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 40 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 4 of 5 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 4 of 5 |
| Year: 2019 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-26 |
Barentz
Hoofddorp, Netherlands Barentz is a specialty ingredients distributor for the food, pharmaceutical, personal care, and animal nutrition markets. The Group sources branded specialty ingredients from leading manufacturers worldwide, and its ingredient experts provide value-added technical support (including pre-mixing, blending, ingredient formulation, and ingredient testing) from its state-of-the-art production facilities in Europe, North America, and Asia. Barentz was founded in 1953 and is based in Hoofddorp, Netherlands. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-24 |
PCI Pharma Services
Philadelphia, Pennsylvania, United States PCI Pharma Services is a provider of outsourced pharmaceutical supply chain solutions supporting biotechnology and pharmaceutical companies throughout the various stages of drug development and commercialization. PCI Pharma Services was founded in 2012 and is based in Philadelphia, Pennsylvania. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1951 |
| Sector | Energy Services and Equipment |
| Employees | 6,688 |
| Revenue | 13.8B CAD (2024) |
TC Energy is a provider of energy infrastructure, including natural gas and liquids pipelines, power generation, and gas storage facilities. TC Energy was founded in 1951 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Energy Services and Equipment M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-02 |
Columbia Midstream Group
United States Columbia Midstream Group LLC holds five gathering systems, with capacity of roughly 2,675,000 MMBtu/day and 240 miles of pipeline, located in the southwestern core of the Appalachian Basin. |
Sell | $1.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-18 |
Pioneer Pipeline
Calgary, Alberta, Canada Pioneer Pipeline is a 20 inch, 120km pipeline that provides approximately 130MMcf/d of natural gas. |
Buy | $255M |
