M&A Deal Summary

Williams Partners Acquires Williams Cos. - Canadian Assets

On February 26, 2014, Williams Partners acquired energy services and equipment company Williams Cos. - Canadian Assets from Williams for 1.2B USD

Acquisition Highlights
  • This is Williams Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Williams Partners’ 2nd largest (disclosed) transaction.
  • This is Williams Partners’ 1st transaction in Canada.
  • This is Williams Partners’ 1st transaction in Alberta.

M&A Deal Summary
Date 2014-02-26
Target Williams Cos. - Canadian Assets
Sector Energy Services and Equipment
Buyer(s) Williams Partners
Sellers(s) Williams
Deal Type Divestiture
Deal Value 1.2B USD

Target

Williams Cos. - Canadian Assets

Alberta, Canada
Williams Cos. - Canadian Assets consists of currently in-service Alberta, Canada operations. The assets include an oil sands offgas processing plant near Fort McMurray, approximately 260 miles of NGL and olefins pipelines, as well as an NGL/olefins fractionation facility and butylene/butane splitter facility at Redwater.

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Buyer(S) 1

Buyer

Williams Partners

Tulsa, Oklahoma, United States

website

Category Company
Founded 2005
Sector Energy Services and Equipment
Revenue 7.3B USD (2015)
DESCRIPTION

Williams Partners LP is a provider of energy infrastructure services to connect North American natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Williams Partners was founded in 2005 and is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 3 of 4
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-30 Caiman Eastern Midstream

Dallas,, Texas, United States

Caiman Eastern Midstream LLC engages in gathering and processing of liquid-rich gases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Access Midstream Partners

Oklahoma City, Oklahoma, United States

Access Midstream Partners is a natural gas services provider with operations focused on owning, operating, developing and acquiring midstream energy assets in the United States.

Buy -

Seller(S) 1

SELLER

Williams

Tulsa, Oklahoma, United States

website

Category Company
Founded 1908
Sector Energy Services and Equipment
Employees4,739
Revenue 10.6B USD (2021)
DESCRIPTION
Williams' headquarters in downtown Tulsa, Oklahoma.
Williams' headquarters in downtown Tulsa, Oklahoma.

Williams is a North American energy infrastructure company. It owns interests in or operates 15,000 miles of interstate gas pipelines, 1,000 miles of NGL transportation pipelines, and more than 10,000 miles of oil and gas gathering pipelines. Williams was formed in 1908 and is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 3 of 5
Sector (Energy Services and Equipment) 2 of 3
Type (Divestiture) 2 of 3
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-11 Access Midstream Partners

Oklahoma City, Oklahoma, United States

Access Midstream Partners is a natural gas services provider with operations focused on owning, operating, developing and acquiring midstream energy assets in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Access Midstream Partners

Oklahoma City, Oklahoma, United States

Access Midstream Partners is a natural gas services provider with operations focused on owning, operating, developing and acquiring midstream energy assets in the United States.

Sell -
Mergr

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