M&A Deal Summary |
|
|---|---|
| Date | 2021-01-31 |
| Target | Grenadier Energy Partners II |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Surge Energy |
| Sellers(s) |
EnCap Investments
Kayne Anderson Capital Advisors |
| Deal Type | Add-on Acquisition |
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Surge Energy Inc. was created by the recapitalization of Zapata Energy Corporation, a publicly traded junior oil and gas company listed on the TSX Venture Exchange. The company has operations throughout Alberta and southwest Manitoba.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Oil/Gas Exploration M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-01 |
Flagstone Energy
Calgary, Alberta, Canada Flagstone is a tightly-held private company focusing on high-productivity horizontal oil wells in southern Saskatchewan. Flagstone’s management team has a grassroots, drill-bit-driven approach to growth, with unrelenting attention to costs and fundamental project economics. Flagstone’s primary asset is in the Viking oil trend in southern Saskatchewan, where it was one of the earliest companies to pursue the play |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 38.0B USD |
| Size | Mega |
| Type | Sector Focused |
EnCap Investments is a private equity firm focused on the US energy sector. EnCap specifically looks for upstream and midstream opportunities within the oil and gas industry. EnCap generally partners with seasoned management when pursuing investments. EnCap Investments has offices in Dallas and Houston.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 60 |
| Sector: Oil/Gas Exploration M&A | 44 of 56 |
| Type: Add-on Acquisition M&A Deals | 26 of 38 |
| State: Texas M&A | 33 of 45 |
| Country: United States M&A | 44 of 59 |
| Year: 2021 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-01 |
Pegasus Resources II
Fort Worth, Texas, United States Pegasus Resources II is focused on acquiring mineral and royalty interests in proven oil and gas resource plays, specifically the Permian Basin. Pegasus Resources II is based in Fort Worth, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-09 |
Sabalo Energy
Corpus Christi, Texas, United States Sabalo Energy is an independent oil and gas company focused on the exploration and exploitation of oil and gas properties in various onshore U.S. basins. Sabalo Energy is based in Corpus Christi, Texas. |
Sell | $715M |
| Category | Asset Manager |
|---|---|
| Founded | 1984 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kayne Anderson Capital Advisors is an alternative investment management firm focused on hedge funds, public funds, energy private equity, growth private equity, real estate private equity, and mezzanine finance opportunities. Kayne's energy private equity group focuses on $20 to $100 million investments in high-growth exploration and production, midstream and oilfield service companies. The energy group considers both majority or minority stakes in public and private businesses. Kayne's growth private equity practice involves structured investments in public and private companies looking for capital to finance expansion. This group will also consider middle-market leveraged transactions and management buyouts. Kayne's real estate private equity group invests in established, cash-flow generating projects. Areas of interest include student housing and campus-oriented retail properties, amongst other opportunistic investments. The Group looks for acquisitions of $25 to $100 million. Kayne's mezzanine team looks to provide $20 to $35 million of capital for mid-market businesses with $100 to $500 million of sales and $10 to $50 million of EBITDA. Kayne Capital Advisors was formed in 1984 and is based in Los Angeles with additional offices in Armonk, New York; New York City, and Houston.
| DEAL STATS | # |
|---|---|
| Overall | 71 of 85 |
| Sector: Oil/Gas Exploration M&A | 39 of 43 |
| Type: Add-on Acquisition M&A Deals | 28 of 34 |
| State: Texas M&A | 30 of 32 |
| Country: United States M&A | 61 of 73 |
| Year: 2021 M&A | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-30 |
Think Research
Toronto, Ontario, Canada Think Research is a provider in delivering integrated digital healthcare solutions. The Company's focused mission is to organize the world's health knowledge so everyone gets the best care. Its evidence-based healthcare technology solutions support the clinical decision-making process, standardize care, and improve patient outcomes. Think Research was founded in 2006 and is based in Toronto, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-02 |
Azalea Health
Atlanta, Georgia, United States Azalea Health is a provider of fully integrated, technology-enabled healthcare solutions and Revenue Cycle Enhancement services for practices of all sizes and most specialties. Azalea’s comprehensive portfolio includes integrated electronic health records, practice management, electronic prescribing, interoperability services, personal health records, patient portal, telehealth, Azalea M mobile platform integrated with Apple® HealthKit, as well as Revenue Cycle Performance services. Azalea Health is based in Atlanta, Georgia. |
Sell | - |
