M&A Deal Summary |
|
|---|---|
| Date | 2023-02-01 |
| Target | GPS |
| Sector | Energy Services and Equipment |
| Buyer(s) | GES |
| Sellers(s) |
Blue Water Energy
White Deer Energy |
| Deal Type | Merger |
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GES is an independent energy storage company that develops and operates first-class energy storage assets to create a global terminal network. Their strategic focus is to facilitate the energy transition by developing the infrastructure needed to move towards ever more sustainable and low carbon energy use. GES is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Merger) | 1 of 1 |
| Country (Singapore) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 861M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Blue Water Energy is a private equity firm focused on building energy companies. Blue Water looks to invest up to $150 million per project with a focus on production, upstream equipment and services, and midstream/downstream equipment and services. Blue Water typically invests in partnership with experienced management teams that have a track record of value creation. Blue Water Energy was formed in 2011 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 8 |
| Sector (Energy Services and Equipment) | 3 of 5 |
| Type (Merger) | 1 of 1 |
| Country (Singapore) | 1 of 1 |
| Year (2023) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-11 |
Siccar Point Energy
Aberdeen, United Kingdom Siccar Point Energy Ltd. is a full-cycle production, development and exploration company focussed on high quality, low cost, long-life assets on the UK Continental Shelf. Siccar business now includes interests in four of the largest UK assets by remaining reserves (Schiehallion, Mariner, Cambo, and Rosebank) as well as an extensive portfolio of additional high-quality material development and exploration opportunities. Siccar Point Energy is based in Aberdeen, United Kingdom. |
Sell | $1.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-23 |
Mime Petroleum
Oslo, Norway Mime Petroleum is a new exploration, development, and production company focused on the Norwegian Continental Shelf. Mime Petroleum's vision is to build a major NCS independent E&P company, through building a material portfolio of producing and commercial reserves and driving post-acquisition investment activity. Mime Petroleum is based in Oslo, Norway. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 2.7B USD |
| Size | Large |
| Type | Sector Focused |
White Deer Energy is a specialist private equity investment group focused on the energy sector. White Deer targets equity investments of $25 to $100 million in companies active in oil and gas production, oil service and equipment manufacturing and midstream infrastructure. Prospective transaction situations include companies in need of capital for growth, companies with follow-on opportunities, or management teams looking to continue to operate their companies. The Firm prefers control or co-control positions. White Deer Energy was formed in 2008 and has offices in Houston, Texas and New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 16 |
| Sector (Energy Services and Equipment) | 9 of 12 |
| Type (Merger) | 2 of 2 |
| Country (Singapore) | 1 of 1 |
| Year (2023) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-10 |
Fortress Power
Southampton, Pennsylvania, United States Fortress Power is a designer and manufacturer of battery energy storage systems for residential, commercial, and industrial customers. Fortress Power operations across North America, the Caribbean, Central America, and Asia. Fortress Power is based in Southampton, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-24 |
Covenant Testing Technologies
The Woodlands, Texas, United States Covenant Testing Technologies provides flowback and well testing services with a special focus on horizontal and pad drilling for the upstream oil and gas services industry. Covenant Testing Technologies was founded in 2013 and is based in The Woodlands, Texas. |
Sell | - |
