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Announced

VoltaGrid to acquire Pilot.

Financials

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

Tags

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Pending

Canada

fuel

Private

Friendly

Single Bidder

Acquisition

Domestic

Majority

Travel and Tourism

Synopsis

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VoltaGrid, an advanced energy management and generation company, agreed to acquire Pilot, a supplier of fuel and operator of travel centers. Financial terms were not disclosed. “Pilot is excited to continue to support the VoltaGrid platform and remains a dedicated shareholder as the company embarks on its decarbonization efforts across North America. We believe the combined entity will gain from capital efficiencies and synergies that will benefit our team members, stakeholders and customers,” John Tully, Pilot Company Vice President of Business Development and Strategy.

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