M&A Deal Summary

Concentric Equity Partners Acquires Lario Oil & Gas

On January 1, 2017, private equity firm Concentric Equity Partners acquired oil/gas exploration company Lario Oil & Gas from Caledonian Royalty

Acquisition Highlights
  • This is Concentric Equity Partners’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Concentric Equity Partners’ 21st transaction in the United States.
  • This is Concentric Equity Partners’ 5th transaction in Colorado.

M&A Deal Summary

Date 2017-01-01
Target Lario Oil & Gas
Sector Oil/Gas Exploration
Buyer(s) Concentric Equity Partners
Sellers(s) Caledonian Royalty
Deal Type Divestiture

Target

Lario Oil & Gas

Denver, Colorado, United States
Lario Oil & Gas is a provider of energy exploration and production company focused on the Permian Basin. Lario Oil & Gas was founded in 1927 and is based in Denver, Colorado.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Concentric Equity Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Concentric Equity Partners is a private equity firm that invests in profitable, growth-oriented middle-market companies. Concentric typically invests $10 to $30 million of capital per transaction, however, the Firm's historical investment range is $5 to $100 million. Areas of interest include business services, consumer services, financial services, and healthcare. Prospective transaction situations include management led buyouts, leveraged buyouts, and growth equity investments. Concentric will consider both majority and minority situations. Concentric is the direct investment arm of asset management firm, Financial Investments Corporation. Concentric Equity Partners was established in 2002 and is based in Chicago, Illinois.


DEAL STATS #
Overall 21 of 42
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
State: Colorado M&A 5 of 5
Country: United States M&A 21 of 40
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Puttman Infrastructure

Portland, Oregon, United States

Puttman Infrastructure is an acquirer of privately-held or small municipally-owned utilities engaged in providing freshwater, wastewater, and power distribution to residential and commercial clients. Puttman Infrastructure was founded in 2010 and is based in Portland, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-24 Ellison Bakery

Fort Wayne, Indiana, United States

Ellison Bakery is a producer of cookies, snack bars, crunch and inclusion, and other products for the industrial market, foodservice industry, and retail and private label space. Ellison Bakery was founded in 1945 and is based in Fort Wayne, Indiana.

Buy -

Seller(S) 1

SELLER

Caledonian Royalty

Calgary, Alberta, Canada

Category Company
Sector Business Services
DESCRIPTION

Caledonian Royalty Corp. is a provider of commodity-based yield to investors derived primarily from royalties on Canadian oil and gas properties. Caledonian Royalty is based in Calgary, Canada.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-17 Lario Oil & Gas

Denver, Colorado, United States

Lario Oil & Gas is a provider of energy exploration and production company focused on the Permian Basin. Lario Oil & Gas was founded in 1927 and is based in Denver, Colorado.

Buy $36M