Genesis Energy To Acquire Remaining 51% Interest In DG Marine: Genesis Energy is Strengthening its Business Position – Deal Analysis From GlobalData

Introduction

Genesis Energy, L.P. (Genesis Energy) entered into an agreement to acquire a 51% interest in DG Marine Transportation, LLC, (DG Marine), a joint venture unit between Genesis Energy and TD Marine, for a purchase consideration of $25.5m. Upon completion of the transaction, Genesis Energy will own a 100% interest in DG Marine. Genesis Energy will fund the acquisition from its recently syndicated revolving credit facility.

The transaction was approved by all the members of the board of directors of Genesis and is subject to customary conditions to closing, including the accuracy of certain representations and warranties and compliance with covenants.

Scope

- Rationale behind Hess acquiring American Oil & Gas
- Strategic Benefits for the companies involved
- Geography covered -US

Highlights

Reasons to buy

- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in North American Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the US oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions

Report Highlights

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TABLE OF CONTENTS

1 Table of Contents 1
1.1 List of Tables 2
1.2 List of Figures 2
2 Global Data Deal Analysis 3
2.1 Summary 3
2.2 Deal Overview 3
3 Genesis Energy To Acquire Remaining 51% Interest In DG Marine 3
3.1 Deal Overview 3
3.2 Deal in Brief 3
3.3 Genesis Energy has its high quality assets in Gulf Coast region 3
3.4 Genesis Energy Will Enhance Supply and Logistics Segment Through This Acquisition 4
3.5 Genesis Energy is increasing its asset base through acquisitions 5
3.6 Deal Financials and Valuations 6
3.6.1 Companies Involved 6
3.6.2 Deal Financials 7
3.6.3 Advisor Information 7
3.6.4 Detailed Target Information 7
3.6.5 Detailed Acquirer Information 8
4 Appendix 9
4.1 About Energy eTrack 9
4.2 Methodology 9
4.2.1 Coverage 9
4.2.2 Secondary Research 10
4.2.3 Primary Research 10
4.2.4 Expert Panel Validation 10
4.3 Contact Us 10
4.4 Disclaimer 11
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LIST OF TABLES

1.1 List of Tables
Table 1: Genesis Energy, Asset Acquisition Details,2009-2010 6
Table 2: Companies Involved 6
Table 3: Financials of the Deal 7
Table 4: Advisor Information 7
Table 5: Target Information 7
Table 6: Acquirer Information 8
LIST OF FIGURES

1.2 List of Figures
Figure 1: Genesis Energy, Segment Margin, $m, 2009-2010 4
Figure 2: Genesis Energy, Operation Map, 2010 5
Figure 3: GlobalData Methodology 9
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