M&A Deal Summary

Equity Group Investments and Colony Capital Acquire Alpine Summit Energy Partners

On September 10, 2019, private equity firm Equity Group Investments and private equity real estate Colony Capital acquired financial services company Alpine Summit Energy Partners

Acquisition Highlights
  • This is Equity Group Investments’ 1st and Colony Capital’s 1st transaction in the Financial Services sector.
  • This is Equity Group Investments’ 10th and Colony Capital’s 3rd transaction in the United States.
  • This is Equity Group Investments’ 2nd and Colony Capital’s 1st transaction in Tennessee.
Investment Fate
  • Alpine Summit Energy Partners went public in 2022.

M&A Deal Summary

Date 2019-09-10
Target Alpine Summit Energy Partners
Sector Financial Services
Buyer(s) Equity Group Investments
Colony Capital
Deal Type Joint Venture

Target

Alpine Summit Energy Partners

Nashville, Tennessee, United States
Alpine Summit Energy Partners is an energy investment management platform with a highly experienced technical and operating team to provide direct and unique investor access to oil and gas investment opportunities. Alpine Summit Energy Partners is based in Nashville, Tennessee.

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Buyer(S) 2

Buyer

Equity Group Investments

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
Size Large
Type Sector Agnostic
DESCRIPTION

Equity Group Investments is a private investment group formed by Sam Zell. The Firm looks for opportunistic investments in a variety of sectors including energy, healthcare, logistics, manufacturing, transportation, media, and real estate. Equity Group Investments was established in 1969 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 11 of 17
Sector: Financial Services M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
State: Tennessee M&A 2 of 2
Country: United States M&A 10 of 15
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 Lanter Delivery Systems

Des Peres, Missouri, United States

Lanter Delivery Systems is a privately held company providing services for the overnight unattended delivery of time-sensitive parts and components for major auto, agriculture, and heavy-duty truck OEMs and industrial supply and equipment distributors. Lanter Delivery Systems was founded in 1981 and is based in Des Peres, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-05 Able Freight Services

Los Angeles, California, United States

Able Freight Services is a provider of airfreight forwarding services with a focus on time-sensitive perishable goods. Able Freight’s cold chain transportation and logistics services include air freight, ocean freight, warehousing/cold storage, brokerage, e-commerce, and related technology services. Able Freight Services was founded in 1993 and is based in Los Angeles, California.

Buy -
Buyer

Colony Capital

Los Angeles, California, United States

Investor


Category Private Equity Real Estate
Founded 1991
Size Mega
Type Sector Focused
DESCRIPTION

Colony Capital is a global private equity real estate investor. The Firm looks to acquire operating companies backed by real estate including hotels, casinos, and other assets. The Firm was established in 1991 and is headquartered in Los Angeles, California.


DEAL STATS #
Overall 9 of 10
Sector: Financial Services M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-05 SBE Entertainment Group

Los Angeles, California, United States

SBE Entertainment Group LLC is a developer, manager and operater of hotels, restaurants and nightlife. SBE Entertainment Group was founded in 2002 and is based in Los Angeles, California.

Sell $319M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-10 DataBank

Dallas, Texas, United States

DataBank is a provider of an enterprise-class data center, cloud, and interconnection services, offering customers 100% uptime availability of data, applications, and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. DataBank’s customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives.

Buy -