M&A Deal Summary

Southwest Gas Acquires Black Mountain Gas

On October 20, 2003, Southwest Gas acquired utilities company Black Mountain Gas for 25M USD

Acquisition Highlights
  • This is Southwest Gas’ 1st transaction in the Utilities sector.
  • This is Southwest Gas’ largest (disclosed) transaction.
  • This is Southwest Gas’ 1st transaction in the United States.
  • This is Southwest Gas’ 1st transaction in Arizona.

M&A Deal Summary
Date 2003-10-20
Target Black Mountain Gas
Sector Utilities
Buyer(s) Southwest Gas
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Black Mountain Gas

Cave Creek, Arizona, United States
Black Mountain Gas Co. a natural gas distribution company.

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Buyer(S) 1

Buyer

Southwest Gas

Las Vegas, Nevada, United States
Category Company
Founded 1931
Sector Utilities
Employees14,943
Revenue 5.4B USD (2023)
DESCRIPTION
Southwest Gas Corporation's headquarters in Las Vegas, Nevada.
Southwest Gas Corporation's headquarters in Las Vegas, Nevada.

Southwest Gas is a provider of natural gas service to customers in Arizona, California and Nevada. Southwest Gas was founded in 1931 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 MountainWest Pipelines

Las Vegas, Nevada, United States

MountainWest Pipelines comprises roughly 2,000-miles of interstate natural gas pipeline systems. MountainWest Pipelines is based in Las Vegas, Nevada.

Sell $1.5B
Mergr

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