M&A Deal Summary

U.S. Gas & Electric Acquires Energy Services Providers

On July 31, 2009, U.S. Gas & Electric acquired utilities company Energy Services Providers

Acquisition Highlights
  • This is U.S. Gas & Electric’s 1st transaction in the Utilities sector.
  • This is U.S. Gas & Electric’s 1st transaction in the United States.
  • This is U.S. Gas & Electric’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2009-07-31
Target Energy Services Providers
Sector Utilities
Buyer(s) U.S. Gas & Electric
Deal Type Add-on Acquisition
Advisor(s) Glenwood Capital (Financial)

Target

Energy Services Providers

Pittsfield, Massachusetts, United States
Energy Services Providers, Inc. provides an electricity and natural gas supplier dedicated to providing more efficient energy services.

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Buyer(S) 1

Buyer

U.S. Gas & Electric

Miramar, Florida, United States

Category Company
Founded 2002
Sector Utilities
DESCRIPTION

U.S. Gas & Electric, Inc. is an energy supplier for residential and commercial customers.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1