Energy / oil & gas

GPs starting to stomach discounts on lower-tier assets, says Raymond James’ Sunaina Sinha Haldea; Stonepeak agrees to Castrol deal

Stonepeak inks agreement to acquire a majority controlling interest in Castrol, a global leader in lubricants.

TPG to acquire utility management platform Conservice

Advent International will retain a significant stake after first investing in Conservice in 2020.

Apollo-backed The State Group acquires J&J Electric of Indiana

Based in Franklin, Tennessee, The State Group is an industrial and specialty services contractor.

Sandbrook to acquire United Utility Services from BCP

Blackstone Credit & Insurance is also participating in the deal.

Searchlight-backed IPS to acquire TechPro Power Group

Headquartered in Greenville, South Carolina, IPS operates an aftermarket service network focused on the critical repair, field service, and replacement solutions for equipment that both delivers and consumes power.

I Squared to acquire Zenith Energy Terminal

The terminal includes 1.7 million barrels of storage capacity and multimodal connectivity via rail, marine, truck and pipeline.