Origami Capital Partners to take control of Trident Exploration
Canadian natural gas production company Trident Exploration Corp has announced a change in ownership as a result of its recent recapitalization. With the deal's close, expected this week, U.S. private equity firm Origami Capital Partners will assume a majority of the company's issued and outstanding common shares. Origami will be represented on Trident's new board by Jeff Young, Darren O’Brien and Julie Klaff. Daryl Gilbert, a managing director of Canadian energy private equity firm JOG Capital, will also join the board. Calgary-based Trident struck an agreement with its primary debt-holders in July to effect a recapitalization and financing.
6 September 2016•6 mins read
