M&A Deal Summary

SemGroup Acquires Durvernay Pipelines Compression and Dehydration Facilites

On November 24, 2015, SemGroup acquired energy services and equipment company Durvernay Pipelines Compression and Dehydration Facilites for 38M CAD

Acquisition Highlights
  • This is SemGroup’s 1st transaction in the Energy Services and Equipment sector.
  • This is SemGroup’s largest (disclosed) transaction.
  • This is SemGroup’s 1st transaction in Canada.
  • This is SemGroup’s 1st transaction in Alberta.

M&A Deal Summary
Date 2015-11-24
Target Durvernay Pipelines Compression and Dehydration Facilites
Sector Energy Services and Equipment
Buyer(s) SemGroup
Deal Type Add-on Acquisition
Deal Value 38M CAD

Target

Durvernay Pipelines Compression and Dehydration Facilites

Alberta, Canada
Durvernay Pipelines, Compression and Dehydration Facilites are currently capable of handling 40 mmcfd of gas and associated liquids, with ability to expand up to 80 mmcfd.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SemGroup

Tulsa, Oklahoma, United States
Category Company
Founded 2000
Sector Energy Services and Equipment
Employees880
Revenue 2.5B USD (2018)
DESCRIPTION

SemGroup Corp. moves energy across North America through a network of pipelines, processing plants, refinery-connected storage facilities and deep-water marine terminals with import and export capabilities. SemGroup serves as a versatile connection between upstream oil and gas producers and downstream refiners and end-users. Key areas of operation and growth include western Canada, the Mid-Continent and the Gulf Coast. SemGroup is committed to safe, environmentally sound operations. Headquartered in Tulsa, Okla., the company has additional offices in Calgary, Alberta; Denver, Colo.; and Houston, Texas. SemGroup uses its Investor Relations website and social media outlets as channels of distribution of material company information. SemGroup Corporation was founded in 2000 and is headquartered in Tulsa, Oklahoma.

DEAL STATS #
Overall 3 of 5
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 SemGroup - Crude Oil Assets

Tulsa, Oklahoma, United States

SemGroup Corp. - Crude Oil Assets includes the Wattenberg Oil Trunkline System and SemGroup's 50% interest in the Glass Mountain Pipeline.

Sell $325M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-31 Rose Rock Midstream

Tulsa, Oklahoma, United States

Rose Rock Midstream LP is a provider of crude oil gathering, transportation, storage and marketing services.

Buy -
Mergr

Product

Company

Legal