M&A Deal Summary

Riverstone Holdings Acquires Abaco Energy

On October 31, 2013, private equity firm Riverstone Holdings acquired energy services and equipment company Abaco Energy

Acquisition Highlights
  • This is Riverstone Holdings’ 24th transaction in the Energy Services and Equipment sector.
  • This is Riverstone Holdings’ 68th transaction in the United States.
  • This is Riverstone Holdings’ 41st transaction in Texas.

M&A Deal Summary

Date 2013-10-31
Target Abaco Energy
Sector Energy Services and Equipment
Buyer(s) Riverstone Holdings
Deal Type Consolidation

Target

Abaco Energy

Houston, Texas, United States
Abaco Energy is a provider of oil and gas production, exploration, and other related services. Abaco Energy was formed in 2013 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Riverstone Holdings

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 40.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Riverstone Holdings is a large specialist asset management and private equity firm focused on opportunities in the energy and power industry. Specific areas of interest include oil & gas exploration, midstream transportation/logistics, electric generation, energy & power service, power infrastructure, and energy & power technology. Riverstone Holdings was formed in 2000 and is based in New York, New York.


DEAL STATS #
Overall 91 of 106
Sector (Energy Services and Equipment) 24 of 27
Type (Consolidation) 1 of 1
State (Texas) 41 of 47
Country (United States) 68 of 78
Year (2013) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-10 Carrier Energy Partners

Sugar Land, Texas, United States

Carrier Energy Partners is a private oil and gas company focused on the acquisition and exploitation of upstream assets. Carrier Energy Partners was formed in 2013 and is based in Sugar Land, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-01 Rock Oil Holdings

Denver, Colorado, United States

Rock Oil Holdings LLC is a developer oil and gas reserves in the Eagle Ford Shale trend in south Texas.

Buy -