M&A Deal Summary

Liberty Energy Utilities Acquires Natural gas distribution operations

On April 1, 2013, Liberty Energy Utilities acquired utilities company Natural gas distribution operations from Atmos Energy for 141M USD

Acquisition Highlights
  • This is Liberty Energy Utilities’ 4th transaction in the Utilities sector.
  • This is Liberty Energy Utilities’ largest (disclosed) transaction.
  • This is Liberty Energy Utilities’ 4th transaction in the United States.
  • This is Liberty Energy Utilities’ 1st transaction in Georgia.

M&A Deal Summary
Date 2013-04-01
Target Natural gas distribution operations
Sector Utilities
Buyer(s) Liberty Energy Utilities
Sellers(s) Atmos Energy
Deal Type Divestiture
Deal Value 141M USD

Target

Natural gas distribution operations

Georgia, United States
Natural gas distribution operations engages in distribution of natural gas in Georgia.

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Buyer(S) 1

Buyer

Liberty Energy Utilities

Tahoe Vista, California, United States
Category Company
Sector Utilities
DESCRIPTION

Liberty Energy Utilities Co. provides local electrical distribution utility services.

DEAL STATS #
Overall 4 of 4
Sector (Utilities) 4 of 4
Type (Divestiture) 3 of 3
State (Georgia) 1 of 1
Country (United States) 4 of 4
Year (2013) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-01 United Water Arkansas

Pine Bluff, Arkansas, United States

United Water Arkansas Inc.provide comprehensive, sustainable water and wastewater management solutions that promote public, economic, and environmental health.

Buy $28M

Seller(S) 1

SELLER

Atmos Energy

Dallas, Texas, United States
Category Company
Founded 1906
Sector Energy Services and Equipment
Employees5,019
Revenue 4.3B USD (2023)
DESCRIPTION
Atmos Energy's corporate headquarters in Dallas, Texas.
Atmos Energy's corporate headquarters in Dallas, Texas.

Atmos Energy is a natural gas distributor, serving approximately 3 million customers in more than 1,400 communities across the US. Atmos Energy was incorporated in 1906 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-17 TXU Gas

Dallas, Texas, United States

TXU Gas Company LP provides natural gas marketing and procurement services to industrial, commercial and municipal customers.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-31 Atmos Energy Marketing

Houston, Texas, United States

Atmos Energy Marketing LLC is a full-service natural gas marketing company that provides natural gas supply and asset management services to utilities, local distribution companies, and industrial and commercial facilities as well as municipals, power plants and natural gas producers.

Sell $40M
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