Investment Summary

ARC Financial Invests In Longshore Resources

On June 16, 2016, private equity firm ARC Financial invested in oil/gas exploration company Longshore Resources

Investment Highlights
  • This is ARC Financial’s 8th transaction in the Oil/Gas Exploration sector.
  • This is ARC Financial’s 11th transaction in Canada.
  • This is ARC Financial’s 10th transaction in Alberta.

Investment Summary
Date 2016-06-16
Target Longshore Resources
Sector Oil/Gas Exploration
Investor(s) ARC Financial
Deal Type Growth Capital

Target

Longshore Resources

Calgary, Alberta, Canada
Longshore Resources is a privately held exploration and production company and focused on capturing high quality, oil-weighted resource opportunities in the Peace River Arch and South Central areas of Alberta. The company’s business plan is to acquire underexploited assets in the target areas that can be developed using horizontal drilling and multi-stage fracturing techniques. In addition, Longshore plans to leverage its growth through the development of high impact, internally generated, drilling prospects. Longshore Resources is based in Calgary, Alberta.

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Investor(S) 1

Investor

ARC Financial

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 6.0B CAD
Size Mega
Type Sector Focused
DESCRIPTION

ARC Financial Corp 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 $25 to $100 million per transaction. Transaction types include buyouts, growth capital financings, and recapitalizations. ARC Financial Corp. was formed in 1989 and is headquartered in Calgary.

DEAL STATS #
Overall 13 of 19
Sector (Oil/Gas Exploration) 8 of 8
Type (Growth Capital) 1 of 4
State (Alberta) 10 of 13
Country (Canada) 11 of 16
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Global Tubing

Dayton, Texas, United States

Global Tubing is a manufacturer of coiled tubing. The company's products are intended for the world coiled tubing market. Global Tubing was founded in 2007 and is based in Dayton, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 Canbriam Energy

Calgary, Alberta, Canada

Canbriam Energy Inc. is a private company focused on unconventional resource exploration and development. Canbriam Energy was founded in 2007 and is based in Calgary, Canada.

Sell -
Mergr

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