Jacobs Petroleum
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Jacobs Petroleum is a wholesale distributor of petroleum products including gasoline, on-road and off-road diesel fuel, heating oil, kerosene, propane, and lubricants. They service both residential and commercial customers. Their customer base includes homes, farms, businesses, and drilling sites. In addition to fuel delivery, they offer services such as bulk fuel terminal operations, tank monitoring, and fuel tank rental. Product Breakdown Jacobs Petroleum offers a broad range of petroleum products. Their fuel offerings include gasoline, on-road diesel, and off-road diesel for various applications, from home heating oil to kerosene and propane. They also provide lubricants for vehicle and machinery maintenance, and diesel exhaust fluid (DEF) to meet emission standards. For residential, farm, and commercial clients, Jacobs Petroleum delivers these products directly. Additionally, they have facilities for bulk storage and provide equipment such as tanks and pumps, enabling customers to manage and store their fuel supplies.
Keywords
Keywords
Classified
Private