Home > M&A deals 2017 > Intercontinental Exchange, Inc. acquires Shorcan Energy Brokers, Inc.
Divestiture · Business Services · October 2017

Intercontinental Exchange, Inc. acquires Shorcan Energy Brokers, Inc.

On October 27, 2017, Intercontinental Exchange, Inc. acquired Shorcan Energy Brokers, Inc., a business services company in Alberta, Canada, from Tmx Group Ltd.

Deal at a glance

AnnouncedOctober 27, 2017 TypeDivestiture TargetShorcan Energy Brokers, Inc. Buyer Intercontinental Exchange, Inc. Seller Tmx Group Ltd. SectorBusiness Services LocationAlberta, Canada ValueNot disclosed

Target company

Shorcan Energy Brokers, Inc.
Alberta, Canada
Business Servicessector
-founded
Activestatus
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Buyer

Company · 32 deals on record
  • 1st transaction in business services
  • 1st transaction in Canada
32deals, all time
1in this sector
2022latest

Seller

Company · 11 deals on record
11investments
4in this sector
6exits

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Questions about this deal

Who acquired Shorcan Energy Brokers, Inc.?Intercontinental Exchange, Inc. acquired Shorcan Energy Brokers, Inc. on October 27, 2017.

Who sold Shorcan Energy Brokers, Inc.?Tmx Group Ltd. was the seller.

What type of deal was it?It was a divestiture in the business services sector in 2017.

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