M&A
confidence high
sentiment positive
materiality 0.65
Star Group acquires home energy distributor for ~$68M; closing within 45 days
STAR GROUP, L.P.
- Definitive agreement to purchase a home energy distributor for approximately $68 million before working capital adjustments.
- Target operates within Star Group's existing footprint; closing expected within 45 days pending governmental reporting.
- Additional terms not disclosed; CEO Jeff Woosnam says deal strengthens competitive position.