M&A Deal Summary

Universal Plant Services Acquires NRG Energy - Engine Services Business Unit

On February 8, 2017, Universal Plant Services acquired energy services and equipment company NRG Energy - Engine Services Business Unit from NRG

Acquisition Highlights
  • This is Universal Plant Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is Universal Plant Services’ 1st transaction in the United States.
  • This is Universal Plant Services’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2017-02-08
Target NRG Energy - Engine Services Business Unit
Sector Energy Services and Equipment
Buyer(s) Universal Plant Services
Sellers(s) NRG
Deal Type Divestiture

Target

NRG Energy - Engine Services Business Unit

Princeton, New Jersey, United States
NRG Energy, Inc. - Engine Services Business Unit is a provider of parts and services for large-bore engines and natural gas reciprocating compressors.

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Buyer(S) 1

Buyer

Universal Plant Services

Deer Park, Texas, United States
Category Company
Founded 1986
Sector Energy Services and Equipment
DESCRIPTION

Universal Plant Services is a service provider for the energy industry, providing project management, installation, maintenance and repair services for rotating and fixed equipment for daily maintenance requirements, turnarounds, and capital projects. Universal Plant Services was founded in 1986 and is based in Deer Park, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 2
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Houston Controls

Baytown, Texas, United States

Houston Controls, Inc. is an industrial electrical, instrument, and controls company offering specialty services to the oil and gas and petrochemical industries. Houston Controls was founded in 2005 and is based in Baytown, Texas.

Buy -

Seller(S) 1

SELLER

NRG

Houston, Texas, United States
Category Company
Founded 1989
Sector Utilities
Employees18,131
Revenue 28.8B USD (2023)
DESCRIPTION
Entrance to an NRG office in downtown Houston, Texas.
Entrance to an NRG office in downtown Houston, Texas.

NRG is a wholesale power generation company. NRG engages in the ownership, development, construction, and operation of power generation facilities; the transacting in and trading of fuel and transportation services; and the trading of energy, capacity and related products in the US and select international markets. NRG was formed in 1989 and is based in Houston, Texas.

DEAL STATS #
Overall 3 of 8
Sector (Energy Services and Equipment) 2 of 3
Type (Divestiture) 3 of 7
State (New Jersey) 1 of 2
Country (United States) 3 of 8
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 NRG Energy 108MW Storm Lake 1 Wind Farm

Iowa, United States

The 108MW Storm Lake 1 Wind Farm in Iowa of NRG Energy comprises wind farm with production capacity of 108 megawatt.

Sell $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-14 GenOn

Houston, Texas, United States

GenOn is a provider of generators wholesale electricity in the United States. With power generation facilities located in key regions of the country and a generation portfolio of approximately 24,600 megawatts, GenOn is helping meet the nation’s electricity needs. GenOn was founded in 1982 and is based in Houston, Texas.

Sell -
Mergr

Product

Company

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