M&A Deal Summary

Brookfield Private Equity and Macquarie Capital Acquire Apache Energy Limited

On June 5, 2015, private equity firms Brookfield Private Equity and Macquarie Capital acquired oil/gas exploration company Apache Energy Limited from Apache for 2.1B USD

Acquisition Highlights
  • This is Brookfield Private Equity’s 1st and Macquarie Capital’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Brookfield Private Equity’s 7th and Macquarie Capital’s 3rd largest (disclosed) transaction.
  • This is Brookfield Private Equity’s 1st and Macquarie Capital’s 3rd transaction in Australia.

M&A Deal Summary

Date 2015-06-05
Target Apache Energy Limited
Sector Oil/Gas Exploration
Buyer(s) Brookfield Private Equity
Macquarie Capital
Sellers(s) Apache
Deal Type Divestiture
Deal Value 2.1B USD

Target

Apache Energy Limited

Perth, Australia
Apache Energy Limited is an oil and gas exploration and production company.

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Buyer(S) 2

DESCRIPTION

Brookfield Private Equity is the private equity arm of global asset management firm, Brookfield Asset Management. Brookfield Private Equity looks to acquire and invest in a variety of North American and European companies with broad sector interest in business services, industrials, and residential real estate. In addition to acquiring companies, Brookfield looks to invest in businesses through the public debt and equity markets, or by providing financing. Brookfield Private Equity is based in Toronto.


DEAL STATS #
Overall 5 of 23
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 2 of 6
Country (Australia) 1 of 1
Year (2015) 1 of 2
Size (of disclosed) 7 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-23 NBS Technologies

Minneapolis, Minnesota, United States

NBS Technologies provide solutions for card personalization, secure identity, smart card manufacturing, wafer handling & embedding, and a whole host of card printing and embossing solutions. NBS Technologies was founded in 1974 and is based in Minneapolis, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 GrafTech International

Independence, Ohio, United States

GrafTech International is a global company that has been redefining limits for more than 125 years. Company offer innovative graphite material solutions for our customers in a wide range of industries and end markets, including steel manufacturing, advanced energy applications and latest generation electronics.

Buy -
DESCRIPTION

Macquarie Capital is the principal investing arm of financial services company Macquarie Group. Macquarie Capital has global capability in advisory, capital raising services, and provides clients with specialist expertise, advice and flexible capital solutions across a range of sectors and products including investing alongside partners and clients. Macquarie Capital is based in Sydney, Australia.


DEAL STATS #
Overall 7 of 27
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 3
Country (Australia) 3 of 4
Year (2015) 1 of 1
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-16 Renovate America

San Diego, California, United States

Renovate America is a provider of residential property assessed clean energy financing for home energy efficiency improvements. Renovate America is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Lal Lal Wind Farms

Lal Lal, Australia

Lal Lal Wind Farms is a 228-megawatt development with 60 turbine, built across 2,100 hectares of land in the Moorabool Shire, occupying sites at Yendon and Elaine near Ballarat. Lal Lal Wind Farms was founded in 2016 and is based in Lal Lal, Australia.

Buy -

Seller(S) 1

SELLER

Apache

Houston, Texas, United States

website


Category Company
Founded 1954
Sector Oil/Gas Exploration
Employees2,253
Revenue 8.0B USD (2021)
DESCRIPTION
Entrance to Apache Corporation's headquarters in Houston, Texas.
Entrance to Apache Corporation's headquarters in Houston, Texas.

Apache is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom and Australia. Apache was incorporated in 1954 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 3 of 4
Sector (Oil/Gas Exploration) 3 of 3
Type (Divestiture) 2 of 3
Country (Australia) 2 of 2
Year (2015) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-15 Wheatstone LNG and Kitimat LNG

Australia

Wheatstone LNG and Kitimat LNG are energy exploration assets in Australia.

Sell $2.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-02 Apache Corp - Gathering And Processing Assets

United States

Apache Corp - Gathering And Processing Assets includes approximately 114 miles of low and high pressure natural gas gathering pipelines ranging in size from 2-inches to 12-inches in diameter and a cryogenic processing plant.

Sell -