Add-on Acquisition • Energy Services and Equipment

Spark Energy Acquires Oasis Power

On May 12, 2015, Spark Energy acquired energy services and equipment company Oasis Power for 20M USD

Acquisition Context
  • This is Spark Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Spark Energy’s largest (disclosed) transaction.
  • This is Spark Energy’s 1st transaction in the United States.
  • This is Spark Energy’s 1st transaction in Texas.

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M&A Deal Summary

Date May 12, 2015
Target Oasis Power
Sector Energy Services and Equipment
Buyer(s) Spark Energy
Deal Type Add-on Acquisition
Deal Value 20M USD

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 3
Sector: Energy Services and Equipment 1 of 3
Type: Add-on Acquisition 1 of 3
State: Texas 1 of 1
Country: United States 1 of 3
Year: 2015 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 CenStar Energy

New Rochelle, New York, United States

CenStar Energy Corp. is a retail energy company.

Buy $8M