Private Equity
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
First Reserve said May 9 that it acquired a majority of IRISNDT Inspection & Engineering Services through a recap. Financial terms weren’t announced. IRISNDT Inspection provides advanced and general non-destructive testing (NDT), inspection, engineering, heat treatment, rope access, and specialized software solutions to the refining, petrochemical, chemical, power generation, pipeline and industrial markets.
3 min read · 09 May 2019
Ensign Natural Resources LLC, which is backed by Warburg Pincus and Kayne Anderson, has acquired Eagle Ford acreage in South Texas from Pioneer Natural Resources USA Inc. No financial terms were disclosed. BMO Capital Markets was financial adviser to Ensign while Kirkland & Ellis LLP provided legal counsel.
3 min read · 07 May 2019
Offen Petroleum, which is backed by Lariat Partners, has agreed to acquire the business assets of Arizona-based Allied Energy, a fuel distributor. No financial terms were disclosed.
2 min read · 01 May 2019
