Boardwalk Pipelines Acquires Spire Marketing for $215 Million
March 30, 2026
Boardwalk Pipelines, LP agreed to acquire Spire Marketing Inc., Spire Inc.'s gas marketing business, for $215 million in cash. The transaction was completed on April 30, 2026, with Spire Marketing rebranded to Boardwalk Continuum Marketing, LLC.
- Buyers
- Boardwalk Pipelines, LP, Boardwalk Pipelines, LP (Boardwalk)
- Targets
- Spire Marketing Inc. (Spire Marketing), Boardwalk Continuum Marketing, LLC (post-acquisition name)
- Sellers
- Spire Inc. (NYSE: SR)
- Industry
- Energy
- Location
- United States
- Transaction Type
- Buyout
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Concurrent Investment Advisors Acquires Spire Investment Partners
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Concurrent Investment Advisors acquired Spire Investment Partners, adding approximately $5.4 billion in assets and more than 30 advisor teams to its wealth management platform. The acquisition expands Concurrent’s footprint to 33 states and gives Spire advisors access to additional technology, centralized services, growth capital, and succession resources while preserving their practice ownership and independence.
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I Squared Capital Acquires Spire Natural Gas Storage Businesses for $650 Million
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Spire Inc. has completed the sale of its natural gas storage businesses in Wyoming and Oklahoma (“Spire Storage”) to I Squared Capital for $650 million. The sold assets will be rolled into I Squared’s portfolio company, Bear River Midstream LLC, with proceeds used to support Spire’s ongoing strategic focus and funding of its previously acquired Piedmont Natural Gas Tennessee business.
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Delta Utilities Acquires Spire Mississippi for $75 Million
April 22, 2026
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Spire Inc. agreed to sell its Mississippi local natural gas distribution company, Spire Mississippi, to Delta Utilities for $75 million in cash. The deal will refine Spire’s geographic footprint, while Delta—backed by Bernhard Capital Partners—expands its Mississippi presence with expected operating efficiencies and enhanced emergency response capabilities.
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Spire Inc. Acquires Piedmont Natural Gas Tennessee Business From Duke Energy for $2.48 Billion
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Spire Inc. has agreed to acquire Piedmont Natural Gas’ Tennessee local distribution company business from Duke Energy for $2.48 billion. The transaction expands Spire’s regulated utility footprint in the Nashville area and is expected to close in the first quarter of 2026, subject to regulatory approvals. The deal has since closed effective March 31, 2026, with the Tennessee operations operating as Spire Tennessee.
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Kpler Acquires Spire Maritime from Spire Global
April 25, 2025
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Kpler has completed the acquisition of Spire Maritime, the maritime data and ship-tracking business of Spire Global, in a transaction reported at approximately $241 million. The deal (a divestiture by Spire Global) strengthens Kpler’s maritime data and analytics capabilities; Kpler and regulators including the UK CMA have been engaged as the transaction completed.
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Kin + Carta Acquires Spire Digital
November 22, 2019
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Kin + Carta has acquired Spire Digital, a Denver-based software development and digital transformation firm, to strengthen its Innovation capabilities and establish a strategic foothold in the western United States. Spire’s team of over 100 engineers and designers will remain based in Denver and continue serving Fortune 500 and mid-market clients as part of Kin + Carta’s global offering.
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