M&A Deal Summary |
|
|---|---|
| Date | 2011-06-15 |
| Target | Broad Oak Energy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Laredo Petroleum |
| Sellers(s) | Warburg Pincus |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.0B USD |
| Advisor(s) | J.P. Morgan Securities (Financial) |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Energy Services and Equipment |
| Employees | 273 |
| Revenue | 1.4B USD (2021) |
Laredo Petroleum is an independent energy company. Laredo's business strategy is focused on the acquisition, exploration and development of oil and natural gas properties. Laredo Petroleum was founded in 2006 and is based in Tulsa, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Oil/Gas Exploration) | 2 of 3 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Texas) | 1 of 2 |
| Country (United States) | 2 of 3 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-15 |
Linn Energy - Verden Assets
Oklahoma, United States Linn Energy LLC - Verden Assets is a provider of oil and gas exploration services. |
Buy | $185M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-21 |
Laredo Petroleum - Anadarko Basin Assets
Tulsa, Oklahoma, United States Laredo Petroleum - Anadarko Basin Assets consists of approximately 104,000 net acres of leasehold and approximately 4.9 billion cubic feet of liquids-rich natural gas and approximately 49.6 thousand barrels of crude oil and condensate. |
Sell | $438M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 249 |
| Sector (Oil/Gas Exploration) | 6 of 25 |
| Type (Add-on Acquisition) | 22 of 90 |
| State (Texas) | 7 of 24 |
| Country (United States) | 38 of 136 |
| Year (2011) | 5 of 11 |
| Size (of disclosed) | 21 of 63 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-14 |
Telcordia Technologies
Piscataway, New Jersey, United States Telcordia Technologies, Inc. is a provider of telecommunications software and services for IP, wireline, wireless and cable. By delivering on its Elementive strategy of providing flexible, standards-based solutions that optimize complex network and business support systems, Telcordia enables customers to aggressively reduce costs and grow revenues. |
Sell | $1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-20 |
American Medical Systems
Minnetonka, Minnesota, United States American Medical Systems, Inc. is a manufacturer and marketer of medical devices for the surgical treatment of urological and gynecological disorders. |
Sell | $2.9B |
