Investment Summary

ARC Financial and NGP Invest In Cygnet Energy

On September 14, 2022, private equity firms ARC Financial and NGP invested in energy services and equipment company Cygnet Energy

Investment Highlights
  • This is ARC Financial’s 5th and NGP’s 14th transaction in the Energy Services and Equipment sector.
  • This is ARC Financial’s 17th and NGP’s 6th transaction in Canada.
  • This is ARC Financial’s 14th and NGP’s 6th transaction in Alberta.

Investment Summary

Date 2022-09-14
Target Cygnet Energy
Sector Energy Services and Equipment
Investor(s) ARC Financial
NGP
Deal Type Growth Capital

Target

Cygnet Energy

Calgary, Alberta, Canada
Cygnet Energy is a private company focused on capturing scalable resource opportunities in the Western Canadian Sedimentary Basin with low-cost, repeatable results capable of generating long-term free cash flow. Cygnet Energy is based in Calgary, Alberta.

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Investor(S) 2

Investor

ARC Financial

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 6.3B CAD
Size Mega
Type Sector Focused
DESCRIPTION

ARC Financial is a specialist private equity firm that invests in Canadian energy companies. Specific areas of interest include emerging resources/drilling technologies, oil sands, and oilfield services. ARC looks to commit $50 to $200 million per transaction. Transaction types include buyouts, growth capital financings, and recapitalizations. ARC Financial was formed in 1989 and is headquartered in Calgary, Alberta.


DEAL STATS #
Overall 20 of 22
Sector: Energy Services and Equipment M&A 5 of 5
Type: Growth Capital M&A Deals 4 of 5
State: Alberta M&A 14 of 15
Country: Canada M&A 17 of 18
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-11 StormFisher

Houston, Texas, United States

StormFisher biogas facility is the largest private organic waste-to-energy biogas facility in Canada, providing food waste recycling services to Ontario’s food processors, retailers, and municipalities, turning organic waste into renewable energy and organic fertilizer. StormFisher was founded in 2006 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-14 Kanata Energy Group

Calgary, Alberta, Canada

Kanata Energy Group is a Canadian midstream company focused on acquiring, building, and developing midstream assets throughout Canada. Kanata Energy Group was formed in 2012 and is based in Calgary, Alberta.

Sell -
Investor

NGP

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Natural Gas Partners is a specialist private equity firm focused on investments in the energy industry. The Firm looks for opportunities in oil and gas production, as well as midstream and oilfield service companies. Natural Gas Partners will also consider start-up company investments. The Firm's investments range from $20 to $100 million. Natural Gas Partners is an affiliate of energy investment firm NGP Energy Capital Management. The Group was formed in 1988 and is headquartered in Irving, Texas with additional offices in Houston; Santa Fe, New Mexico; Stamford, Connecticut; and London.


DEAL STATS #
Overall 70 of 80
Sector: Energy Services and Equipment M&A 14 of 17
Type: Growth Capital M&A Deals 25 of 32
State: Alberta M&A 6 of 6
Country: Canada M&A 6 of 7
Year: 2022 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Crown Oil Partners VII

Midland, Texas, United States

Crown Oil Partners VII focused on opportunistic acquisitions of oil and gas assets based in Midland, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-29 Rubicon Carbon

Marina del Rey, California, United States

Rubicon Carbon is a carbon credit solutions provider that helps companies manage and offset emissions through diversified, high-integrity carbon credit portfolios. Rubicon Carbon was founded in 2022 and is based in Marina del Rey, California.

Buy -