M&A Deal Summary

Riverstone Holdings and AMCI Group Acquire Ridley Terminals

On July 1, 2019, private equity firm Riverstone Holdings and AMCI Group acquired marine company Ridley Terminals

Acquisition Highlights
  • This is Riverstone Holdings’ 3rd and AMCI Group’s 1st transaction in the Marine sector.
  • This is Riverstone Holdings’ 10th and AMCI Group’s 1st transaction in Canada.
  • This is Riverstone Holdings’ 1st and AMCI Group’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-07-01
Target Ridley Terminals
Sector Marine
Buyer(s) Riverstone Holdings
AMCI Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Ridley Terminals

Prince Rupert, British Columbia, Canada
Ridley Terminals is a bulk commodity terminal, the deepest natural water port on the west coast of North America. RTI's strategic location facilitates reduced sailing time to Asia. RTI's primary customers are coal mines and refineries in northern British Columbia and Alberta, but it has recently begun shipping coal out of the Powder River Basin in the Western US. In 2011, RTI will undertake a $180mm capacity expansion project that will increase its capacity from approximately 12mm tonnes to 25mm tonnes. Ridley Terminals is based in Prince Rupert, British Columbia.

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Buyer(S) 2

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 104 of 106
Sector (Marine) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 52 of 52
State (British Columbia) 1 of 1
Country (Canada) 10 of 10
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-16 Enduro Resource Partners

Fort Worth, Texas, United States

Enduro Resource Partners is an oil and gas exploration and acquisition/exploitation company with a focus on long-lived oil and gas properties in the onshore United States. Enduro Resource Partners was formed in 2010 and is based in Fort Worth, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 ILX Holdings

Houston, Texas, United States

ILX Holdings LLC is an oil and gas exploration and production partnership managed by Ridgewood Energy with a focus on the deepwater Gulf of Mexico.

Sell -
Buyer

AMCI Group

Greenwich, Connecticut, United States
Category Company
Founded 1986
Sector Metals/Mining
DESCRIPTION

AMCI Group is an owner and operator of global natural resources companies. AMCI Group operates across the energy and metals value chain with a focus on key industrial and energy commodities that are critical to global growth. AMCI Group was founded in 1986 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Mergr

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