M&A Deal Summary

Resource Capital Funds Acquires First Bauxite

On October 22, 2018, private equity firm Resource Capital Funds acquired metals/mining company First Bauxite

Acquisition Highlights
  • This is Resource Capital Funds’ 15th transaction in the Metals/Mining sector.
  • This is Resource Capital Funds’ 2nd transaction in the United States.
  • This is Resource Capital Funds’ 2nd transaction in Colorado.

M&A Deal Summary

Date 2018-10-22
Target First Bauxite
Sector Metals/Mining
Buyer(s) Resource Capital Funds
Deal Type Going Private

Target

First Bauxite

Denver, Colorado, United States
First Bauxite is a natural resources company engaged in the exploration and development of bauxite deposits, through resource discovery and mining within a niche industrial market. The company is managed by experienced geoscientists and business development professionals with world-wide experience in the exploration and mining business across a number of mineral commodities. First Bauxite is based in Denver, Colorado.

Search 214,238 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

Resource Capital Funds

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Resource Capital Funds is a private equity firm that targets investments in mining companies across a diversified range of commodities and geographies. The Firm will consider funding development stage opportunities, as well as buyouts of operating assets and distressed situations. Resource can commit as little as $2 million and as much as $75 million per transaction. Resource Capital was formed in 1998 and has offices in Denver, Colorado, and Perth, Australia.


DEAL STATS #
Overall 18 of 37
Sector: Metals/Mining M&A 15 of 29
Type: Going Private M&A Deals 2 of 3
State: Colorado M&A 2 of 2
Country: United States M&A 2 of 4
Year: 2018 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 Wolf Minerals

Perth, Australia

Wolf Minerals is a specialty metal exploration and development company, with a focus on tungsten and tin. The Company's main project is the world-class Hemerdon Ball tungsten and tin project in Devon, in the UK. The project has existing planning permission and a definitive feasibility study for a 3Mtpa operation that will produce around 350,000 metal tonnes units of tungsten trioxide per annum. Wolf Minerals was formed in 2007 and is based in Perth, Australia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 RG Gold

Nur-Sultan, Kazakhstan

RG Gold is a gold mining and production company operating one of the largest deposits of gold. RG Gold was founded in 2014 and is based in Nur-Sultan, Kazakhstan.

Buy -