Private Equity
C&J Energy Services is merging with Keane Group Inc in a deal that will create a diversified oilfield services provider valued at about $1.8 billion. Upon closing of the deal, Keane and C&J will each own 50 percent of the combined company. Keane Group is backed by Cerberus Capital Management.
10 min read · 17 June 2019
C&J Energy Services is merging with Keane Group Inc in a deal that will create a diversified oilfield services provider valued at about $1.8 billion. Upon closing of the deal, Keane and C&J will each own 50 percent of the combined company. Keane Group is backed by Cerberus Capital Management.
10 min read · 17 June 2019
Baird Capital has made an investment in Texas-based AEGIS Energy Risk, a fintech and advisory solutions provider for energy derivatives. No financial terms were disclosed.
3 min read · 12 June 2019
Industrial Opportunity Partners has sold Trantech Radiator Products Inc to Main Street Capital. No financial terms were disclosed. Trantech is a provider of radiators, coolers and cooling systems for transformers used in the generation, transmission and distribution of electric power.
2 min read · 04 June 2019
Incline Equity Partners has acquired Terrell, Texas-based Unified Power, a provider of preventative maintenance and repair services for uninterruptible power systems. The seller is Pfingsten. No financial terms were disclosed.
2 min read · 04 June 2019
KKR said May 20 that it is partnering with Western Natural Resources LLC to acquire producing and undeveloped oil and gas assets in the Williston Basin. Financial terms weren’t announced.
3 min read · 20 May 2019
Spruce Finance, an owner and operator of distributed generation solar and residential energy assets in the U.S., has raised $50 million in funding. The investor was HPS Investment Partners.
2 min read · 16 May 2019
Navigant and InfraRed Capital Partners have launched Compass Energy Platform, a platform that will help cities and utilities develop and finance local energy infrastructure solutions. No financial terms were disclosed.
4 min read · 15 May 2019
Spur Energy Partners LLC and KKR said May 14 that they formed a partnership to buy the Permian Northwest Shelf assets of Percussion Petroleum LLC. Financial terms weren’t announced. The deal includes interests in about 380 gross producing wells and 22,000 net acres situated in the core of the Yeso formation in Eddy & Lea Counties, New Mexico, as well as associated water and midstream assets.
3 min read · 14 May 2019
Prostar Capital has agreed to acquire an oil storage terminal facility on Saint Eustatius from NuStar Energy LP for about $250 million. The deal is expected to close by the end of the second quarter of 2019.
3 min read · 10 May 2019
