M&A Deal Summary

Sparks Energy Acquires Echo Powerline

On July 2, 2020, Sparks Energy acquired utilities company Echo Powerline

Acquisition Highlights
  • This is Sparks Energy’s 1st transaction in the Utilities sector.
  • This is Sparks Energy’s 1st transaction in the United States.
  • This is Sparks Energy’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2020-07-02
Target Echo Powerline
Sector Utilities
Buyer(s) Sparks Energy
Deal Type Add-on Acquisition

Target

Echo Powerline

Bunkie, Louisiana, United States
Echo Powerline LLC is a powerline construction contractor. Echo currently maintains contracts with multiple Electric Utility Companies throughout Louisiana and Texas. Echo Powerline is based in Bunkie, Louisiana.

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Buyer(S) 1

Buyer

Sparks Energy

Danville, Alabama, United States
Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Sparks Energy, Inc. is a provider of power restoration, utility construction, crane services, and civil construction. Sparks Energy was founded in 2007 and is based in Danville, Alabama.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

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