Private Equity

Energy / oil & gas

Revelar snaps up propane distributor Lettermen's Energy

Steve Wambold serves as CEO and co-founder of Lettermen’s.

1 min read · 18 December 2025

Triton’s Thomas Hofvenstam: Earnings quality, geopolitics, financing access ‘key swing factors’ in 2026

'Many sponsors hold large, mature portfolios and there is an increasing need to return capital as fund lives stretch. With cleaner run‑rates and more predictable trading, more assets will come to market.'

4 min read · 18 December 2025

ARC Financial closes take-private acquisition of Step Energy Services

Step Energy Services is a Calgary-based oilfield services company.

1 min read · 17 December 2025

CPP Investments and GIP complete take-private acquisition of energy company Allete

According to terms of the deal, Allete shareholders will receive $67 per share in cash.

1 min read · 15 December 2025

Tailwater acquires Central Midstream Partners

Central Midstream serves a diversified base of customers across LNG, pipeline, refining, petrochemical, and trading sectors.

1 min read · 11 December 2025

Centerbridge-backed MacLean Power Systems and Blackstone-backed Power Grid Components to merge

Fort Mill, South Carolina-based MPS and Bessemer, Alabama-based PGC are manufacturers of engineered components and solutions for electrical transmission, distribution, substation and communication infrastructure.

1 min read · 10 December 2025

Blackstone to sell Sabre Industries: sources; How PE firms look to close the human capital gap in dealmaking

Blackstone expected to launch a sale process for Sabre Industries, a manufacturer of steel utility poles and support structures; a look at how having the right talent in place is crucial to the entire dealmaking process; Antero Resources agrees to acquire Quantum Capital-backed HG Energy for $2.8 billion; investor group composed of MW Group, Blackstone Real Estate and DivcoWest agrees to acquire Alexander & Baldwin Inc.

5 min read · 09 December 2025

Antero Resources to snap up Quantum-backed HG Energy for $2.8bn

Headquartered in Parkersburg, West Virginia, HG Energy is a producer of natural gas and oil.

2 min read · 09 December 2025

Exclusive: Blackstone readies utility pole manufacturer Sabre Industries for sale, sources say

With power infrastructure companies commanding high teens EBITDA multiples, Sabre could fetch $4.5bn-$5bn in a sale.

2 min read · 08 December 2025

ECP to sell Symmetry Energy Solutions to NextEra Energy Resources

The transaction is expected to close in the first quarter of 2026.

1 min read · 08 December 2025

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