M&A Deal Summary

Pacific Road Capital Acquires Li3 Energy

On April 5, 2011, private equity firm Pacific Road Capital acquired metals/mining company Li3 Energy for 4M USD

Acquisition Highlights
  • This is Pacific Road Capital’s 8th transaction in the Metals/Mining sector.
  • This is Pacific Road Capital’s largest (disclosed) transaction.
  • This is Pacific Road Capital’s 1st transaction in the United States.
  • This is Pacific Road Capital’s 1st transaction in New York.

M&A Deal Summary
Date 2011-04-05
Target Li3 Energy
Sector Metals/Mining
Buyer(s) Pacific Road Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 4M USD

Target

Li3 Energy

Buffalo, New York, United States
Li3 Energy is an exploration company in the lithium and potassium mining sector. Li3 aims to acquire, develop, and commercialize a significant portfolio of lithium brine deposits in the Americas. Li3 Energy is based in Buffalo, New York.

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Buyer(S) 1

Buyer

Pacific Road Capital

Sydney, Australia

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 796M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Pacific Road Capital is a private equity manager investing in the global mining industry. PRC provides expansion and buyout capital for mining projects, mining-related infrastructure, and mining services. The Firm's target investment size is US $15 to $40 million. PRC will consider projects located in resource rich areas including Australia, Asia, Africa, and the Americas. PRC's investment horizon is three to five years. Pacific Road Capital was founded in 2006 and is located in Sydney, Australia.

DEAL STATS #
Overall 10 of 11
Sector (Metals/Mining) 8 of 9
Type (Buyout (LBO, MBO, MBI)) 7 of 7
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-18 Kula Gold

Perth, Australia

Kula Gold is an exploration and evaluation of mineral properties company focuses on the strategic development of its 100%-owned Woodlark Island Gold Project (WIGP), located 600 kilometres east of Port Moresby in Papua New Guinea. Kula Gold was founded in 2007 and is based in Perth, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-17 Far West Mining

Vancouver, British Columbia, Canada

Far West Mining Ltd. is a mineral exploration company, engages in the evaluation, acquisition, exploration, and development of mineral properties in Chile and Australia.

Sell $756M
Mergr

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Company

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