M&A Deal Summary

Trilantic North America Acquires TLP Energy

On March 1, 2011, private equity firm Trilantic North America acquired oil/gas exploration company TLP Energy for 350M USD

Acquisition Highlights
  • This is Trilantic North America’s 4th transaction in the Oil/Gas Exploration sector.
  • This is Trilantic North America’s largest (disclosed) transaction.
  • This is Trilantic North America’s 13th transaction in the United States.
  • This is Trilantic North America’s 1st transaction in Oklahoma.
Investment Fate
  • TLP Energy was sold to a strategic buyer in 2012 for 655M USD.

M&A Deal Summary
Date 2011-03-01
Target TLP Energy
Sector Oil/Gas Exploration
Buyer(s) Trilantic North America
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 350M USD

Target

TLP Energy

Oklahoma City, Oklahoma, United States
TLP Energy LLC is an Oklahoma City-based exploration and production company focused on the acquisition and development of oil and liquids-rich gas resources in Western Oklahoma and the Texas panhandle.

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Buyer(S) 1

Buyer

Trilantic North America

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2009
PE ASSETS 9.6B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trilantic North America is a mega-sized private equity firm focused on opportunities throughout North America. Trilantic generally invests in large businesses with 'strong market positions, unique franchises, secure and growing market niches or distinctive products and services that command premium prices'. Sectors of interest include business services, consumer, energy, and financial services. The Firm's target investment size is $50 to $300 million in companies valued up to $1 billion. Transaction situations of interest include management buyouts, recapitalizations, growth capital financings, divestitures, new platforms, and generational transfers. Trilantic North America was formed in 2009 through the spin-off of Lehman Brothers' private equity business. The Firm is based in New York City.

DEAL STATS #
Overall 13 of 50
Sector (Oil/Gas Exploration) 4 of 12
Type (Buyout (LBO, MBO, MBI)) 4 of 10
State (Oklahoma) 1 of 3
Country (United States) 13 of 48
Year (2011) 1 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-10 Enduring Resources

Denver, Colorado, United States

Enduring Resources LLC acquires, exploits, explores for and develops natural gas and oil in the Rocky Mountain and Mid-Continent regions of the U.S.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-12 SRAM

Chicago, Illinois, United States

SRAM LLC is a producer of a full line of high performance bicycle components for original equipment manufacturers and independent bike dealers that are sold primarily under the SRAM, RockShox, Avid, Truvativ, and Zipp brand names.

Sell -
Mergr

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