Bankruptcy • Metals/Mining

AEC Partners Exits Hi-Crush Partners

On July 12, 2020, invested in metals/mining company Hi-Crush Partners from AEC Partners

Investment Context
  • This is transaction in the Metals/Mining sector.
  • This is transaction in the United States.
  • This is transaction in Texas.

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Investment Summary

Date July 12, 2020
Target Hi-Crush Partners
Sector Metals/Mining
Sellers(s) AEC Partners
Deal Type Bankruptcy

Target Company

Hi-Crush Partners

Houston, Texas, United States
Hi-Crush Partners is an integrated producer, transporter, marketer, and distributor of high-quality monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. Hi-Crush Partners was founded in 2012 and is based in Houston, Texas.
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Seller Profile 1

SELLER

AEC Partners


Category Private Equity Firm
Founded 2017
PE ASSETS 3.9B USD
Size Large
Type Sector Focused
DESCRIPTION

AEC Partners is a private equity firm focused on providing direct equity investments in companies from the energy sector. AEC Partners looks to invest between $25 to $75 million in companies from the Southern US. AEC Partners is based in Houston, Texas was spun out from Avista Capital Partners and formed as an independent firm in 2017.


Deal Context for Seller #
Overall 3 of 3
Sector: Metals/Mining 1 of 1
Type: Bankruptcy 1 of 1
State: Texas 1 of 1
Country: United States 2 of 2
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-11 Hansa Hydrocarbons

London, United Kingdom

Hansa Hydrocarbons is an exploration and production company, focused on the acquisition and development of oil and natural gas properties in the German and Dutch North Sea.

Sell -