M&A Deal Summary

Southern Kentucky Energy Acquires Atmos Gathering - Natural Gas Operations

On April 25, 2016, Southern Kentucky Energy acquired energy services and equipment company Atmos Gathering - Natural Gas Operations from Atmos Gathering Co.

Acquisition Highlights
  • This is Southern Kentucky Energy’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Southern Kentucky Energy’s 2nd transaction in the United States.
  • This is Southern Kentucky Energy’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2016-04-25
Target Atmos Gathering - Natural Gas Operations
Sector Energy Services and Equipment
Buyer(s) Southern Kentucky Energy
Sellers(s) Atmos Gathering Co.
Deal Type Divestiture

Target

Atmos Gathering - Natural Gas Operations

Kentucky, United States
Atmos Gathering - Natural Gas Operations consists of natural gas gathering and transmission pipelines.

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Buyer(S) 1

Buyer

Southern Kentucky Energy

Bowling Green, Kentucky, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Southern Kentucky Energy LLC is a privately held energy company that owns and operates pipelines and leases covering multiple counties in Kentucky.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Kentucky M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-25 Pioneer Oil Co. - 100 Pipeline Network

United States

Pioneer Oil Co., Inc. - 100 Pipeline Network is a producer of gas.

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Seller(S) 1

SELLER

Atmos Gathering Co.

Owensboro, Kentucky, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Atmos Gathering Co. LLC is a provider of natural gas gathering, compression and treating services to local natural gas producers through company owned and operated midstream pipeline facilities.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Kentucky M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1