Energy Transfer Is Back to Dealmaking With SemGroup Buy
U.S. pipeline giant Energy Transfer agreed to acquire rival operator SemGroup Corp. for about $1.35 billion in a stock and cash deal, building out billionaire Kelcy Warren’s empire even as investors demand financial discipline.
September 16, 2019Tip to Acquire Trailer Wizards, Expand in Canada
Tip Trailer Services, a portfolio company of I Squared Capital, announced it signed an agreement to acquire Trailer Wizards, a supplier of trailer rental and leasing services in Canada.
September 10, 2019Quest Global Acquires Dakota Moon
Quest Global acquired Dakota Moon Enterprises LLC, a Nevada-based engineering and supply chain services provider to the aerospace industry, according to a Quest news release.
July 3, 2019HOP Energy Acquires KoscoHeritage Energy
HOP Energy, a large specialty distributor of heating oil, propane and other petroleum products, acquired KoscoHeritage Energy (KHE), according to a news release.
July 2, 2019Management Team of PTL Buys Company From Magnate Worldwide
Premium Transportation Logistics announced its senior management team — current President Jeff Curry, Operations Manager Keith Avery and expedited transportation sales veteran, Brad Kelley — has acquired PTL from Magnate Worldwide.
July 1, 2019Occidental Mulls Sale of Anadarko’s Western Stake
Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter.
June 25, 2019Hudson Hill Forms Fusion Transport From Two Acquisitions
Hudson Hill Capital, a private investment firm, has acquired majority stakes in Global Transport Logistics Inc. and Am Trans Expedite Inc. to form Fusion Transport.
June 24, 2019C.H. Robinson Acquires European Logistics Firm Dema Service
C.H. Robinson has acquired Italian transportation company Dema Service S.p.A., according to a news release.
June 3, 2019M&D Distributors Expands Service Network in Texas
M&D Distributors, an independent aftermarket distributor of diesel engine parts and components, announced its asset acquisition of Diesel Testers Inc., a service dealer that provides diesel engine parts and repair services through its retail location in Odessa, Texas.
May 31, 2019GTI Acquires Jetco to Establish US Operational Platform
GTI Transport Solutions Inc., a provider of open-deck, specialized and overdimensional freight services, has acquired Jetco, a Houston-based carrier, according to a news release by GTI and its parent company, Novacap of Montreal.
May 13, 2019