M&A Deal Summary

Pluspetrol Resources N.V. Acquires Petro Andina Resources

On September 3, 2009, Pluspetrol Resources N.V. acquired oil/gas exploration company Petro Andina Resources from Bow River Capital

Acquisition Highlights
  • This is Pluspetrol Resources N.V.’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Pluspetrol Resources N.V.’s 1st transaction in Canada.
  • This is Pluspetrol Resources N.V.’s 1st transaction in Alberta.

M&A Deal Summary

Date 2009-09-03
Target Petro Andina Resources
Sector Oil/Gas Exploration
Buyer(s) Pluspetrol Resources N.V.
Sellers(s) Bow River Capital
Deal Type Add-on Acquisition

Target

Petro Andina Resources

Calgary, Alberta, Canada
Petro Andina Resources Inc. is a rapidly growing oil exploration company, with working interests in over 400,000 gross acres of oil producing and prospecting land in Argentinals prolific Newquen Basin. A private company, headquartered in Calgary Canada, Petro Andina conducts operations from its office in Buenos Aires. The company is represented by an integrated team of over 30 professionals, combining outstanding international exploration and development talent with access to north American capital markets.

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Buyer(S) 1

Buyer

Pluspetrol Resources N.V.

Amsterdam, Netherlands

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Pluspetrol Resources Corporation N.V., together with its subsidiaries, operates as an oil and gas exploration and production company.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2009) 1 of 1

Seller(S) 1

SELLER

Bow River Capital

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Bow River Capital is a private equity firm that provides equity capital and mezzanine debt to high growth companies. The Firm targets businesses generating sales of $25 and $200 million and EBITDA of $5 to $20 million. Bow River will consider investments throughout the US and Canada, however, the Firm's primary focus is on opportunities in the Rocky Mountain and Western regions of the US and Canada. Target industries include manufacturing, distribution, transportation, business and consumer services, financial services, natural resources and real estate. The Firm will consider both control and minority positions. Bow River Capital was established in 2003 and is based in Denver, Colorado.


DEAL STATS #
Overall 4 of 22
Sector (Oil/Gas Exploration) 1 of 2
Type (Add-on Acquisition) 2 of 9
State (Alberta) 1 of 3
Country (Canada) 1 of 3
Year (2009) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-01 Peak Power Engineering

Lakewood, Colorado, United States

Peak Power Engineering is ta power engineering consulting firm serving clients in the Rocky Mountain region. Peak Power offers a team of highly qualified and experienced engineers to work on your power projects. Peak Power is based in Lakewood, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 Darian Resources

Calgary, Alberta, Canada

Darian is a Calgary based private oil and gas exploration, exploitation, and production company founded in 2005 to, among other opportunities, purchase assets and conduct ongoing business with Scollard Energy, Inc. Darian's asset mix is predominately long wife sweet gas (80%) with a number of low decline oil wells (20%)

Sell -