Infrastructure Investments Fund acquires South Jersey Industries
Acquiring Company
Infrastructure Investments Fund
Acquired Company
South Jersey Industries
Description
Infrastructure Investments Fund has agreed to acquire South Jersey Industries for $8.1 billion at $36 per share. The deal was announced on February 24, 2022, following insider trading allegations against Gavin Wolfe and Jason Satsky. Wolfe made significant profits on South Jersey stock prior to the announcement. This acquisition marks a strategic move in the energy sector.
Don't miss Infrastructure Investments Fund's next move
Get an email the moment Infrastructure Investments Fund makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired South Jersey Industries?
South Jersey Industries was acquired by Infrastructure Investments Fund. The deal was reported on August 22, 2026. Infrastructure Investments Fund is privately held.
When did Infrastructure Investments Fund acquire South Jersey Industries?
Infrastructure Investments Fund's acquisition of South Jersey Industries was reported on August 22, 2026. Infrastructure Investments Fund has agreed to acquire South Jersey Industries for $8.1 billion at $36 per share. The deal was announced on February 24, 2022, following insider trading allegations against Gavin Wolfe and Jason Satsky. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does South Jersey Industries do?
South Jersey Industries, Inc. is a publicly traded energy company. It provides natural gas and electric services to customers in southern New Jersey. The company operates in the regulated and non-regulated markets. It is privately held, operating in Energy, and is based in Folsom.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.