1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Texas >
  6. TC Energy Acquires TC PipeLines

M&A Deal Summary

TC Energy Acquires TC PipeLines

On December 15, 2020, TC Energy acquired energy services and equipment company TC PipeLines

Acquisition Highlights
  • This is TC Energy’s 7th transaction in the Energy Services and Equipment sector.
  • This is TC Energy’s 10th transaction in the United States.
  • This is TC Energy’s 3rd transaction in Texas.

M&A Deal Summary
Date 2020-12-15
Target TC PipeLines
Sector Energy Services and Equipment
Buyer(s) TC Energy
Deal Type Add-on Acquisition

Target

TC PipeLines

Houston, Texas, United States
TC PipeLines LP invests in long-life, critical energy infrastructure that provides reliable delivery of clean-burning natural gas. Natural gas infrastructure is deeply interwoven into the U.S. economy – its industry touches nearly every other industry and success supports the success of many businesses, big and small. Natural gas and its associated infrastructure also complement renewables, and therefore are key to achieving national and global environmental aspirations. TC PipeLines was founded in 1998 and is based in Houston, Texas.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TC Energy

Calgary, Alberta, Canada
Category Company
Founded 1951
Sector Energy Services and Equipment
Employees6,688
Revenue 13.8B CAD (2024)
DESCRIPTION

TC Energy is a provider of energy infrastructure, including natural gas and liquids pipelines, power generation, and gas storage facilities. TC Energy was founded in 1951 and is based in Calgary, Alberta.

DEAL STATS #
Overall 12 of 12
Sector: Energy Services and Equipment M&A 7 of 7
Type: Add-on Acquisition M&A Deals 4 of 4
State: Texas M&A 3 of 3
Country: United States M&A 10 of 10
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-18 Pioneer Pipeline

Calgary, Alberta, Canada

Pioneer Pipeline is a 20 inch, 120km pipeline that provides approximately 130MMcf/d of natural gas.

Buy $255M
Mergr

Solution for

Product

Company

Legal