- Companies
- Transportadora Associada de Gás
Transportadora Associada de Gás Valuation, Funding & Investors
Transportadora Associada de Gás is valued at $4.2B as of December 2023.
Last Transportadora Associada de Gás valuation
$4.2B
Secondary · Dec 2023
Key investors in Transportadora Associada de Gás
La Caisse
About Transportadora Associada de Gás
Transportadora Associada de Gás is a Brazilian pipeline operator that transports natural gas through a 3,400-kilometer network connecting production fields in the Santos Basin to consumers in São Paulo and Minas Gerais. Controlled by Petrobras, it delivers over 20 million cubic meters daily to industrial clients and power plants. The Rio de Janeiro-headquartered firm invests in pipeline expansions and maintenance to support Brazil's energy transition.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$4.2B (Dec 2023)
Sectors
Transportadora Associada de Gás Valuation
Transportadora Associada de Gás is currently valued at $4.2B, based on its secondary sale in December 2023.
The $633M round was led by La Caisse.
Transportadora Associada de Gás valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2023 | Secondary | $4.2B |
Transportadora Associada de Gás Funding History
Transportadora Associada de Gás has 1 recorded secondary share sale and no primary funding rounds.
Transportadora Associada de Gás funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2023 | Secondary | La Caisse (lead) | $633M | $4.2B | Transportadora Associada de Gás S.A. (TAG) owns and manages over 4,500 kilometers of natural gas transportation assets across 10 states in Brazil's North, Northeast, and Southeast regions, with fully contracted capacity. ENGIE Brasil Energia sold a 15% stake in TAG to CDPQ (La Caisse de dépôt et placement du Québec) for BRL 3.1 billion (approximately CAD 848 million), implying a full company valuation of BRL 20.67 billion. Post-transaction, ENGIE S.A. holds 50% equity in TAG, with ENGIE Brasil Energia reducing its stake from 32.5% to 17.5%, while CDPQ holds the other 50%, both parties linked to the shareholders' agreement. The deal, announced in late 2023, supports CDPQ's infrastructure strategy in Brazil, reinvesting in well-contracted assets managed by an experienced team, with financial close expected by end of January 2024. |
Who has invested in Transportadora Associada de Gás?
1 investor has backed Transportadora Associada de Gás across its funding rounds, including La Caisse.
Lead investors include La Caisse.
Transportadora Associada de Gás Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTransportadora Associada de Gás Competitors
Transportadora Associada de Gás competitors include listed companies like Helmerich & Payne, SunocoCorp, Rubis and Thaioil, and private ones like TANAP and Yinson Production.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.7B | $624M | $4.1B | 1.5x | ||
| Publicly listed | $25B | $1.8B | $4.1B | 0.6x | ||
| Publicly listed | $7.5B | $831M | $4.3B | 0.8x | ||
| Publicly listed | $12B | $813M | $4.3B | 0.5x | ||
| Private | - | - | $4B | - | ||
| Private | $606M | - | $3.7B | 6.1x |
Transportadora Associada de Gás Public Comps
Transportadora Associada de Gás is still privately-owned, but its public comps include Helmerich & Payne, SunocoCorp, Rubis, Thaioil, Kinetik Holdings, Par Pacific Holdings, Modec, Tidewater, COOEC and Scorpio Tankers.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.7B | $624M | 1.6x | 1.5x | 9.4x | 6.6x | |||
| $25B | $1.8B | 1.0x | 0.6x | 13.2x | 7.3x | |||
| $7.5B | $831M | 0.9x | 0.8x | 7.8x | 7.2x | |||
| $12B | $813M | 0.6x | 0.5x | 9.4x | 5.4x | |||
| $1.8B | $1.2B | 7.0x | 6.3x | 10.5x | 11.7x | |||
| $7.5B | $705M | 0.7x | 0.6x | 7.5x | 5.0x | |||
| $4.6B | $477M | 0.5x | 0.5x | 5.1x | 4.6x | |||
| $1.4B | $541M | 3.3x | 3.1x | 8.1x | 7.5x | |||
This data is available for Pro users. Sign up to see all Transportadora Associada de Gás competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Transportadora Associada de Gás
| When was Transportadora Associada de Gás founded? | Transportadora Associada de Gás was founded in 2008. |
| Where is Transportadora Associada de Gás headquartered? | Transportadora Associada de Gás is headquartered in Rio de Janeiro, Brazil. |
| Is Transportadora Associada de Gás publicly listed? | No, Transportadora Associada de Gás is a private, VC-backed company. |
| What is Transportadora Associada de Gás' valuation? | Transportadora Associada de Gás was last valued at $4.2B in its secondary sale in December 2023. |
| Who are Transportadora Associada de Gás' investors? | Transportadora Associada de Gás' investors include La Caisse. |
| Which companies are comparable to Transportadora Associada de Gás? | Companies comparable to Transportadora Associada de Gás include Helmerich & Payne, SunocoCorp, Rubis, Thaioil, TANAP and Yinson Production. |
See companies similar to Transportadora Associada de Gás
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