SunCoke Energy Acquires Phoenix Global for $325 Million

World Fuel Services Corporation Acquires Flyers Energy Group

January 3, 2022

Energy

World Fuel Services Corporation has completed the acquisition of Flyers Energy Group, expanding its scale and geographic footprint in the North American land fuel segment. The acquisition adds Flyers' national cardlock network, commercial fleet fueling, lubricants distribution and wholesale fuel capabilities to World Fuel's platform and is expected to be accretive to earnings and cash flow.

Qualus Acquires Phoenix Engineering Services, Inc.

November 17, 2021

Utilities

Qualus, LLC, a provider of engineering and technical field services to utilities, acquired Phoenix Engineering Services, Inc., an Atlanta-area engineering and testing firm. The acquisition expands Qualus’s service offerings—adding relay and substation testing, NERC PRC studies, panel building and utility software development—to strengthen capabilities for utility, municipal, commercial and renewable clients.

Kinsley Energy Systems Acquires Clarke Energy USA's CoEnergy America CHP Business

October 1, 2025

Energy

Kinsley Energy Systems, LLC has acquired Clarke Energy USA's combined heat and power (CHP) business, formerly operating as CoEnergy America, in the Greater Boston area. The divestiture expands Kinsley's presence and service capabilities across the Northeast while Clarke Energy shifts focus to larger-scale projects and regions.

Sunoco LP to Acquire NuStar Energy L.P. for $7.3 Billion

January 22, 2024

Oil & Gas

Sunoco LP agreed to acquire NuStar Energy L.P. in an all‑equity transaction valued at approximately $7.3 billion including assumed debt. Under the deal NuStar common unitholders will receive 0.400 Sunoco common units per NuStar common unit (about a 24% premium); the transaction has board approval and is expected to close in Q2 2024 subject to unitholder and regulatory approvals.

D&H United Fueling Solutions Acquires Cochise Companies

April 4, 2022

Energy

D&H United Fueling Solutions acquired Cochise Contractors, Services and Petroleum Equipment (Cochise) of Phoenix, Arizona, adding Cochise’s ~70 employees and expanding D&H’s footprint in the Arizona market. The deal expands D&H’s service offerings and coverage across the Sun Belt and Mountain West, and the combined company will operate ~16 branches with roughly 570 employees; D&H is PE-backed by KLH Capital.

Validere Acquires Phoenix Energy Consultants

January 20, 2022

Energy

Validere, a Calgary-based energy data analytics SaaS provider, has completed the acquisition of Phoenix Energy Consultants, a Western Canada-based transportation and marketing optimization advisor for crude oil, natural gas, NGL and sulfur producers. The deal makes Phoenix a wholly owned subsidiary of Validere and enables Validere to offer clients back-office commercial execution and marketing expertise alongside its molecule-level data and ESG insights.