M&A Deal Summary

Parallax Enterprises Acquires Louisiana LNG Energy

On April 28, 2015, Parallax Enterprises acquired energy services and equipment company Louisiana LNG Energy

Acquisition Highlights
  • This is Parallax Enterprises’ 1st transaction in the Energy Services and Equipment sector.
  • This is Parallax Enterprises’ 1st transaction in the United States.
  • This is Parallax Enterprises’ 1st transaction in Texas.

M&A Deal Summary

Date 2015-04-28
Target Louisiana LNG Energy
Sector Energy Services and Equipment
Buyer(s) Parallax Enterprises
Deal Type Add-on Acquisition

Target

Louisiana LNG Energy

Houston, Texas, United States
Louisiana LNG Energy LLC is a liquefied natural gas (LNG) export terminal on the east bank of the Mississippi River in Plaquemines Parish, Louisiana.

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Buyer(S) 1

Buyer

Parallax Enterprises

Pikesville, Maryland, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Parallax Energy LLC is an energy firm that is developing global liquefied natural gas (LNG) projects.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1