Investment Summary

White Deer Energy Invests In Riverside Energy

On April 1, 2016, private equity firm White Deer Energy invested in oil/gas exploration company Riverside Energy

Investment Highlights
  • This is White Deer Energy’s 3rd transaction in the Oil/Gas Exploration sector.
  • This is White Deer Energy’s 10th transaction in the United States.
  • This is White Deer Energy’s 1st transaction in Michigan.

Investment Summary
Date 2016-04-01
Target Riverside Energy
Sector Oil/Gas Exploration
Investor(s) White Deer Energy
Deal Type Stake Purchase

Target

Riverside Energy

Traverse City, Michigan, United States
Riverside Energy is a producer of natural gas in the Antrim Shale of Michigan. Riverside Energy is based in Traverse City, Michigan.

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Investor(S) 1

Investor

White Deer Energy

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2008
PE ASSETS 2.7B USD
Size Large
Type Sector Focused
DESCRIPTION

White Deer Energy is a specialist private equity investment group focused on the energy sector. White Deer targets equity investments of $25 to $100 million in companies active in oil and gas production, oil service and equipment manufacturing and midstream infrastructure. Prospective transaction situations include companies in need of capital for growth, companies with follow-on opportunities, or management teams looking to continue to operate their companies. The Firm prefers control or co-control positions. White Deer Energy was formed in 2008 and has offices in Houston, Texas and New York, New York.

DEAL STATS #
Overall 11 of 30
Sector (Oil/Gas Exploration) 3 of 6
Type (Stake Purchase) 3 of 8
State (Michigan) 1 of 2
Country (United States) 10 of 27
Year (2016) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 PostRock Energy

Oklahoma City, Oklahoma, United States

PostRock Energy Corp. is a producer of natural gas exploration services. The company own and operate a 2,200 mile gathering system in the Cherokee Basin supporting our upstream operations. PostRock Energy was founded in 1982 and is based in Oklahoma City, Oklahoma.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 GPS

Singapore, Singapore

GPS is a midstream infrastructure platform formed to pursue the acquisition, construction and enhancement of storage and logistics assets outside North America. GPS owns a refined product terminal in the Port of Amsterdam and has two projects under construction – an industrial services terminal in Al Hamriyah Port in Sharjah, United Arab Emirates and an LPG terminal in Port Klang, Malaysia. GPS is based in Singapore.

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