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New Deal


Announced

Completed

ARM Energy Holdings completed the acquisition of Monument Pipeline from NextEra Energy Partners for $203m.

Financials

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Transaction Value£161m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Oil Equipment and Services

Private

Acquisition

Completed

natural gas pipeline

United States

Single Bidder

Domestic

Infrastructure

Synopsis

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ARM Energy Holdings, a premier infrastructure and energy marketing services firm, completed the acquisition of Monument Pipeline, a Houston-based natural gas pipeline, from NextEra Energy Partners, a renewable energy company, for $203m. “ARM has worked throughout its history to connect energy suppliers to demand centers and provide outstanding service and excellent results for our clients. Monument is a natural expansion of this mission, with strategic capabilities that enable our combined team to deliver enhanced services to meet our customers’ rising energy demand needs,” Zach Lee, ARM Energy CEO

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