M&A Deal Summary |
|
|---|---|
| Date | 2023-12-15 |
| Target | Rockcliff Energy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | TG Natural Resources |
| Sellers(s) | Quantum Energy Partners |
| Deal Type | Divestiture |
| Deal Value | 2.7B USD |
| Advisor(s) | J.P. Morgan Securities (Financial) Vinson & Elkins (Legal) |
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TG Natural Resources is focused on consolidating its East Texas and North Louisiana platforms through strategic acquisitions possessing predictable development upside that yield strong returns to its shareholders. TGNR is jointly owned by TG East Texas Resources LLC, a wholly owned subsidiary of Tokyo Gas America, and CCI U.S. Asset Holdings LLC, a wholly owned subsidiary of Castleton Commodities International LLC (“CCI”). TG Natural Resources is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 17.0B USD |
| Size | Mega |
| Type | Sector Focused |
Quantum Energy Partners is a specialist private equity firm focused on investments within the energy sector. Quantum's primary focus is on opportunities within the oil and gas upstream and midstream sectors, however, the Firm will also consider investments in oil field services and equipment, coal, power generation and transmission, and renewable/alternative energy. Quantum's target investment size is $100 to $400 million. Quantum invests in start-ups as well as established companies needing expansion capital. Quantum Energy Partners was formed in 1998 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 26 |
| Sector (Oil/Gas Exploration) | 17 of 17 |
| Type (Divestiture) | 2 of 2 |
| State (Texas) | 13 of 14 |
| Country (United States) | 22 of 23 |
| Year (2023) | 4 of 4 |
| Size (of disclosed) | 4 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-09 |
ConnectGen
Houston, Texas, United States ConnectGen is focused on developing renewable energy and energy storage projects to bring clean power to markets across North America. ConnectGen was formed in 2018 and is based in Houston, Texas. |
Sell | $768M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-03 |
Datagration
Houston, Texas, United States Datagration is a provider of an open, and collaborative ecosystem of domain-specific platforms that create solutions for organizations by aggregating and integrating data from disparate legacy systems, databases, and unstructured documents into a unified cloud-based or on-premise environment. Datagration is based in Houston, Texas. |
Sell | - |
