M&A Deal Summary |
|
|---|---|
| Date | 2022-11-02 |
| Target | Ensign Natural Resources |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Marathon Oil |
| Sellers(s) |
Warburg Pincus
Kayne Anderson Capital Advisors |
| Deal Type | Add-on Acquisition |
| Deal Value | 3.0B USD |
| Advisor(s) | Evercore Group J.P. Morgan Securities (Financial) Sidley (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1886 |
| Sector | Oil/Gas Exploration |
| Employees | 1,570 |
| Revenue | 7.5B USD (2022) |
Marathon Oil is an international exploration and production company. Marathon has net proved reserves of more then 2 billion barrels of oil equivalent across North America, Europe and Africa. Marathon Oil was formed in 1887 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 11 |
| Sector (Oil/Gas Exploration) | 11 of 11 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Texas) | 3 of 3 |
| Country (United States) | 8 of 8 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-25 |
Marathon Oil - U.K. Business
Aberdeen, United Kingdom Marathon Oil Corp. - U.K. Business includes Marathon Oil U.K. LLC and Marathon Oil West of Shetland Limited. MOUK holds 37%-40% operated interests in fields in the Greater Brae Area and MOWOS holds a 28% interest in the BP plc operated Foinaven Field unit and a 47% interest in Foinaven East, respectively. |
Sell | $140M |
| 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 | 238 of 249 |
| Sector (Oil/Gas Exploration) | 24 of 25 |
| Type (Add-on Acquisition) | 81 of 90 |
| State (Texas) | 24 of 24 |
| Country (United States) | 133 of 136 |
| Year (2022) | 10 of 13 |
| Size (of disclosed) | 8 of 63 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
Citeline
New York, New York, United States Citeline is a provider of specialist intelligence, data, and software for clinical trials, drug development, and regulatory compliance. Citeline is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-07 |
CityMD
New York, New York, United States CityMD is an urgent care provider founded by a passionate group of emergency medicine physicians, CityMD's mission is to serve its communities by providing quality medical care through convenient access and an exceptional experience. The company's unwavering commitment to treating everyone with respect and genuine kindness while offering exceptional services and a cost-effective alternative to the ER. CityMD was founded in 2010 and is based in New York City. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1984 |
| PE ASSETS | 8.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kayne Anderson Capital Advisors is an alternative investment management firm focused on hedge funds, public funds, energy private equity, growth private equity, real estate private equity, and mezzanine finance opportunities. Kayne's energy private equity group focuses on $20 to $100 million investments in high-growth exploration and production, midstream and oilfield service companies. The energy group considers both majority or minority stakes in public and private businesses. Kayne's growth private equity practice involves structured investments in public and private companies looking for capital to finance expansion. This group will also consider middle-market leveraged transactions and management buyouts. Kayne's real estate private equity group invests in established, cash-flow generating projects. Areas of interest include student housing and campus-oriented retail properties, amongst other opportunistic investments. The Group looks for acquisitions of $25 to $100 million. Kayne's mezzanine team looks to provide $20 to $35 million of capital for mid-market businesses with $100 to $500 million of sales and $10 to $50 million of EBITDA. Kayne Capital Advisors was formed in 1984 and is based in Los Angeles with additional offices in Armonk, New York; New York City, and Houston.
| DEAL STATS | # |
|---|---|
| Overall | 79 of 80 |
| Sector (Oil/Gas Exploration) | 42 of 42 |
| Type (Add-on Acquisition) | 31 of 31 |
| State (Texas) | 32 of 32 |
| Country (United States) | 69 of 69 |
| Year (2022) | 3 of 3 |
| Size (of disclosed) | 1 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-13 |
Shipfusion
Carol Stream, Illinois, United States Shipfusion is a provider of eCommerce fulfillment and technology solutions. The company recently announced the launch of its 250,000+ square foot warehouse in Las Vegas, a growing hub for many logistics companies in North America. All facilities are operated by Shipfusion, and powered by its proprietary warehouse management systems. Shipfusion was formed in 2013 and is based in Carol Stream, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-12 |
Zafin Labs Technologies
Toronto, Ontario, Canada Zafin Labs Technologies is a provider of relationship banking software solutions to financial services providers worldwide. Company technology platform, miRevenue, was built from the ground up for banking, enabling customer-centric product innovations that drive revenue, transparency and operational efficiency across the customer lifecycle. Zafin Labs Technologies was founded in 2002 and is based in Toronto, Ontario. |
Sell | - |
