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

Transportadora Associada de Gás Overview

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

BrazilRio de Janeiro

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

Transportadora Associada de Gás valuation by funding round
DateStageValuation
Dec 2023Secondary$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

Transportadora Associada de Gás funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2023SecondaryLa Caisse (lead)$633M$4.2BTransportadora 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

Investors in Transportadora Associada de Gás by funding rounds participated
InvestorHQRoundsRoleFirst check

This data is available for Pro users. Sign up to see all 1 Transportadora Associada de Gás investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Transportadora 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.

Public and private companies comparable to Transportadora Associada de Gás
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Helmerich & PayneUnited StatesUnited StatesPublicly listed$3.7B$624M$4.1B1.5x
SunocoCorpUnited StatesUnited StatesPublicly listed$25B$1.8B$4.1B0.6x
RubisFranceFrancePublicly listed$7.5B$831M$4.3B0.8x
ThaioilThailandThailandPublicly listed$12B$813M$4.3B0.5x
TANAPTurkeyAnkaraPrivate--$4B-
Yinson ProductionSingaporeSingaporePrivate$606M-$3.7B6.1x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Helmerich & Payne$3.7B$624M1.6x1.5x9.4x6.6x
SunocoCorp$25B$1.8B1.0x0.6x13.2x7.3x
Rubis$7.5B$831M0.9x0.8x7.8x7.2x
Thaioil$12B$813M0.6x0.5x9.4x5.4x
Kinetik Holdings$1.8B$1.2B7.0x6.3x10.5x11.7x
Par Pacific Holdings$7.5B$705M0.7x0.6x7.5x5.0x
Modec$4.6B$477M0.5x0.5x5.1x4.6x
Tidewater$1.4B$541M3.3x3.1x8.1x7.5x

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

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial