Private Equity
Warburg Pincus and Kayne Anderson have agreed to provide WildFire Energy with an equity commitment exceeding $1 billion. Based in Houston, WildFire is an oil and gas exploitation and production company.
4 min read · 18 July 2019
Albireo Energy, which is backed by Huron Capital, has acquired Alabama Controls, a provider of building automation and HVAC control solutions as well as equipment and parts sales. No financial terms were disclosed.
4 min read · 18 July 2019
Fulcrum Energy Capital Funds has formed Pachira Oil & Gas, which is focused on the development and production of oil in South Texas. Also, Pachira has acquired over 10,000 net acres of leasehold in the Eagle Ford Shale Play in South Texas. No financial terms were disclosed.
2 min read · 15 July 2019
Drilling Tools International Inc, which is backed by Hicks Equity Partners, has acquired WellFence LLC. Financial terms weren’t announced. WellFence provides a security and credentialing service for the oil and gas industry.
3 min read · 15 July 2019
Veregy, a portfolio company of Bow River Capital, has acquired Columbus, Ohio-based Dynamix, an energy services company. No financial terms were disclosed. FMI Capital Advisors was financial adviser to Dynamix on the transaction.
2 min read · 12 July 2019
I Squared Capital has invested $460 million in Venture Global LNG, a long-term, low-cost provider of LNG to be supplied from resource rich North American natural gas basins. This investment is part of a $675 million fundraising. UBS Securities was financial adviser to I Squared Capital while Sidley Austin LLP served as legal counsel.
2 min read · 12 July 2019
Energy Capital Partners has acquired Convergent Energy + Power, a developer of energy storage solutions in North America. No financial terms were disclosed.
3 min read · 10 July 2019
Intergulf Corporation and STC Industrial have merged to form CIRCON Environmental, a provider of liquids and solids waste management and product recovery services for the petroleum and petrochemical industries. No financial terms were disclosed. Intergulf and STC are portfolio companies of Kinderhook Industries LLC.
4 min read · 08 July 2019
Ardian has agreed to acquire a stake in Green County, Pennsylvania-based Hill Top Energy Center from Ares Management Corp's infrastructure and power strategy. As a result of this transaction, Ardian and Ares are now equal partners in the deal. Also, Menora Mivtachim Insurance participated in the deal. No financial terms were disclosed. When construction is finished in mid-2021, Hill Top will capacity and energy to the Pennsylvania-Jersey-Maryland regional transmission organization.
4 min read · 08 July 2019
Cimarron Energy Inc, which is backed by Turnbridge Capital, has acquired Hy-Bon/EDI, a provider of vapor recovery and emissions control solutions for oil and natural gas applications. No financial terms were disclosed.
3 min read · 02 July 2019
