Company profile: Spire
1.1 - Company Overview
Company description
- Provider of natural gas supply and related services to residential, commercial, and industrial customers across several states, including St. Louis and eastern Missouri via Laclede Gas and Kansas City and western Missouri via Missouri Gas Energy. Offerings include pipeline infrastructure upgrades for safe, efficient delivery, customer service, energy assistance, rebates and financing for energyβefficient appliances, and a certified contractor network.
Products and services
- Customer Service: Spire offers enterprise-grade support for bill payment, account management, and starting, stopping, or transferring gas service for more than 1.13 million customers
- Natural Gas Supply: Spire supplies utility-grade natural gas to residential, commercial, and industrial customers across several states, serving St. Louis and Kansas City regions with stable, reliable energy
- Pipeline Infrastructure: Spire engineers and maintains industrial-grade natural gas pipeline assets, upgrading networks to ensure safe, efficient energy delivery to eastern and western Missouri, including St. Louis and Kansas City
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Spire
Millennium Pipeline
HQ: United States
Website
- Description: Provider of natural gas delivery to consumers as an oil and gas company.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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ReFuels
HQ: The Netherlands
Website
- Description: Provider of 100% renewable biomethane (Bio-CNG) for heavy goods vehicles, supported by a UK network of public CNG refuelling stations with plans to reach 30β40 by 2026. Services include long-term biomethane sourcing and supply, biomethane trading to balance production and demand, and sustainability certification consultancy for producers compliant with national and European legislation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Michigan Petroleum Technologies
HQ: United States
Website
- Description: Provider of wholesale distribution services for products and solutions related to petroleum, fuel, and industrial lubricants.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Freedom CNG
HQ: United States
Website
- Description: Provider of compressed natural gas (CNG) fueling solutions, building and operating multiple CNG fueling stations in Houston, Midland, and across Texas for high-volume users, including commercial fleets, municipalities, school districts, and other high-volume fuel users; also provides fueling for tube trailers supporting virtual pipelines for transporting CNG.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Thompson Gas
HQ: United States
Website
- Description: Provider of propane for homes and businesses, supporting residential heating, cooking, and backup power, and commercial cooking, heating, and powering equipment. Services include automatic delivery, remote tank monitoring, 24/7 emergency assistance, and My Energy Hub for account management, payments, and service requests.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Spire
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Buyer group 2: ββββββββ ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Spire
2.2 - Growth funds investing in similar companies to Spire
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4 - Top valuation comps for Spire
4.2 - Public trading comparable groups for Spire
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