Natural Resources

Astorg, Cinven, Nordic and Novo exit Clario in $8.9bn transaction; Hg’s Louis Kinsella says bid for GTreasury was ‘too good to turn down’

Inside the exit story on Hg’s recently announced sale of a financial technology company to a strategic; a Q&A piece with LS Power Equity Advisors that provides an outlook on conventional and renewable energy deals in the next year; the weekly companies-for-sale update, highlighting two large-cap deals announced this week for clinical research data firm Clario, and a disaster management service company.

Rising Phoenix scoops up 249 net royalty acres in Eagle Ford Shale

The sellers were EOG Resources and Lewis Energy Group.

Warburg Pincus among those readying power service providers for sale; Francisco Partners acquires Jamf in $2.2bn take-private deal

We also take a recent look at PE-backed beverage deals after Apollo and KKR's investment in Dr Pepper Keurig.

Kohlberg-backed RESA Power acquires Accurate Power Group Limited

RESA Power is a Houston-based provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment.

Gryphon completes sale of electrical testing firm Shermco to Blackstone for $1.6bn

Gryphon invested in Shermco in 2018.

Verite Capital to invest $300m in Buffalo Biodiesel

The investment will be used to accelerate BBD's expansion from a 15-state footprint to 25 states across the entire eastern United States, from Montreal to Miami.