M&A Deal Summary

Ara Partners Acquires Lincoln

On November 15, 2022, asset manager Ara Partners acquired oil/gas exploration company Lincoln

Acquisition Highlights
  • This is Ara Partners’ 4th transaction in the Oil/Gas Exploration sector.
  • This is Ara Partners’ 13th transaction in the United States.
  • This is Ara Partners’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2022-11-15
Target Lincoln
Sector Oil/Gas Exploration
Buyer(s) Ara Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Lincoln

Greenville, South Carolina, United States
Lincoln is a provider of terminal services with an entrenched position in the Southeast and Mid-Atlantic regions. The company provides throughput and storage solutions for renewable fuels. Its trans-loading facilities are located across four states and are uniquely focused on reducing carbon emissions through automation, and driver and transportation efficiency. Lincoln was formed in 1979 and is based in Greenville, South Carolina.

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Buyer(S) 1

Buyer
DESCRIPTION

Ara Partners Group is an alternative asset manager focused on control investments in the industrial, chemicals, materials, and energy sectors. The Firm looks to invest in and build companies that will benefit from the transition to sustainable energy. Ara Partners Group was formed in 2017 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 20 of 27
Sector: Oil/Gas Exploration M&A 4 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 12 of 15
State: South Carolina M&A 1 of 1
Country: United States M&A 13 of 16
Year: 2022 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-01 CFP Energy

London, United Kingdom

CFP Energy is a risk management and solutions provider in the energy and environmental markets. CFP Energy was founded in 2006 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-06 Wattstor

London, United Kingdom

Wattstor is a provider of automated carbon reduction and electricity cost-saving technology for small and medium-sized enterprises (SMEs) and mid-market industrial and commercial (I&C) end users. The company developed its first Energy Management System (EMS) for residential sites. Wattstor was formed in 2013 and is based in London, United Kingdom.

Buy -