M&A Deal Summary

Mansfield Energy Acquires Hi-Grade Oil - Oil and Lubricants Business Assets

On February 2, 2018, Mansfield Energy acquired energy services and equipment company Hi-Grade Oil - Oil and Lubricants Business Assets from Hi-Grade Oil

Acquisition Highlights
  • This is Mansfield Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Mansfield Energy’s 1st transaction in the United States.
  • This is Mansfield Energy’s 1st transaction in Ohio.

M&A Deal Summary

Date 2018-02-02
Target Hi-Grade Oil - Oil and Lubricants Business Assets
Sector Energy Services and Equipment
Buyer(s) Mansfield Energy
Sellers(s) Hi-Grade Oil
Deal Type Divestiture

Target

Hi-Grade Oil - Oil and Lubricants Business Assets

Sidney, Ohio, United States
Hi-Grade Oil Co. - Oil and Lubricants Business Assets is a provider of oil and lubricants products and services.

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Buyer(S) 1

Buyer

Mansfield Energy

Gainesville, Georgia, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Mansfield Energy Corp. is a provider of an innovative solutions to energy procurement, supply and logistics challenges for organizations across North America. Mansfield Energy offers a broad range of solutions including fuels, natural gas and energy price and data management services.


DEAL STATS #
Overall 1 of 6
Sector (Energy Services and Equipment) 1 of 3
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 6
Year (2018) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-03 Fueltrac

Baton Rouge, Louisiana, United States

Fueltrac, Inc. is a fleet management company offers complete fuel and maintenance management for commercial and government fleets. Fueltrac is based in Baton Rouge, Louisiana.

Buy -

Seller(S) 1

SELLER

Hi-Grade Oil

Sidney, Ohio, United States

Category Company
Founded 1924
Sector Energy Services and Equipment
DESCRIPTION

Hi-Grade Oil Co. is a provider of commercial fuels, oils, lubricants and services. Hi-Grade Oil was founded in 1924 and is based in Sidney, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1