M&A Deal Summary

Spark Energy Acquires CenStar Energy

On July 9, 2015, Spark Energy acquired energy services and equipment company CenStar Energy for 8M USD

Acquisition Highlights
  • This is Spark Energy’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Spark Energy’s 2nd largest (disclosed) transaction.
  • This is Spark Energy’s 2nd transaction in the United States.
  • This is Spark Energy’s 1st transaction in New York.

M&A Deal Summary

Date 2015-07-09
Target CenStar Energy
Sector Energy Services and Equipment
Buyer(s) Spark Energy
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

CenStar Energy

New Rochelle, New York, United States
CenStar Energy Corp. is a retail energy company.

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Buyer(S) 1

Buyer

Spark Energy

Houston, Texas, United States

Category Company
Founded 1999
Sector Energy Services and Equipment
DESCRIPTION

Spark Energy L.P. is a nation-wide provider of low-cost electricity and natural gas offering significant savings to homes and businesses.


DEAL STATS #
Overall 2 of 3
Sector: Energy Services and Equipment M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
State: New York M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2015 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-12 Oasis Power

Houston, Texas, United States

Oasis Power LLC is a retail energy company with approximately 40,000 natural gas and electricity customers in six states. Oasis serves these customers across 19 utilities, several of which are new to Spark and provide additional organic growth opportunities for the Company.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Provider Power

Auburn, Maine, United States

Provider Power is a provider of retail energy services.

Buy -