Buyout (LBO, MBO, MBI) • Oil/Gas Exploration

Warburg Pincus, ARC Financial and Ontario Teachers Pension Plan Acquire Canbriam Energy

On February 21, 2008, private equity firm Warburg Pincus, private equity firm ARC Financial and pension Ontario Teachers Pension Plan acquired oil/gas exploration company Canbriam Energy for 300M USD

Acquisition Context
  • This is Warburg Pincus’ 9th, ARC Financial’s 2nd and Ontario Teachers Pension Plan’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Warburg Pincus’ 33rd, ARC Financial’s 3rd and Ontario Teachers Pension Plan’s 32nd largest (disclosed) transaction.
  • This is Warburg Pincus’ 2nd, ARC Financial’s 2nd and Ontario Teachers Pension Plan’s 7th transaction in Canada.
  • This is Warburg Pincus’ 2nd, ARC Financial’s 2nd and Ontario Teachers Pension Plan’s 2nd transaction in Alberta.
Investment Fate
  • Canbriam Energy was sold to a strategic buyer in 2019.

Explore All 526 Buyout (LBO, MBO, MBI) Oil/Gas Exploration Deals - Search the Database Free


M&A Deal Summary

Date February 21, 2008
Target Canbriam Energy
Sector Oil/Gas Exploration
Buyer(s) Warburg Pincus
ARC Financial
Ontario Teachers Pension Plan
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 300M USD

Target Company

Canbriam Energy

Calgary, Alberta, Canada
Canbriam Energy Inc. is a private company focused on unconventional resource exploration and development. Canbriam Energy was founded in 2007 and is based in Calgary, Canada.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 3

Buyer

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


Deal Context for Buyer #
Overall 130 of 493
Sector: Oil/Gas Exploration 9 of 40
Type: Buyout (LBO, MBO, MBI) 44 of 86
State: Alberta 2 of 10
Country: Canada 2 of 17
Year: 2008 4 of 15
Size (of disclosed) 33 of 50
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-15 Lifecore Biomedical

Chaska, Minnesota, United States

Lifecore Biomedical LLC is dedicated to the development of therapeutic, technically advanced, products that offer long-term compatibility with the human body.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-01 Ness Digital Engineering

Teaneck, New Jersey, United States

Ness Digital Engineering is a provider of IT services and end-to-end solutions designed to help clients improve their competitiveness and efficiency. Ness' portfolio of solutions and services includes outsourcing, system integration, custom application development, consulting, quality assurance and training. Ness Digital Engineering was established in 1998 and is based in Teaneck, New Jersey.

Sell -
Buyer

ARC Financial

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 6.3B CAD
Size Mega
Type Sector Focused
DESCRIPTION

ARC Financial is a specialist private equity firm that invests in Canadian energy companies. Specific areas of interest include emerging resources/drilling technologies, oil sands, and oilfield services. ARC looks to commit $50 to $200 million per transaction. Transaction types include buyouts, growth capital financings, and recapitalizations. ARC Financial was formed in 1989 and is headquartered in Calgary, Alberta.


Deal Context for Buyer #
Overall 3 of 22
Sector: Oil/Gas Exploration 2 of 9
Type: Buyout (LBO, MBO, MBI) 3 of 9
State: Alberta 2 of 15
Country: Canada 2 of 18
Year: 2008 2 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Capio Exploration

Calgary, Alberta, Canada

Capio Exploration Ltd. is a privately held exploration and production company focused on full cycle exploration opportunities and strategic acquisitions in western Canada.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-06 Canyon Services Group

Calgary, Alberta, Canada

Canyon Services Group Inc. is a Calgary based publicly traded company that provides fracturing and well stimulation services. Canyon Services Group was founded in 1979 and is based in Calgary, Alberta.

Buy -
Buyer

Ontario Teachers Pension Plan

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Pension
Founded 1990
PE ASSETS 116.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.


Deal Context for Buyer #
Overall 30 of 176
Sector: Oil/Gas Exploration 1 of 4
Type: Buyout (LBO, MBO, MBI) 17 of 39
State: Alberta 2 of 6
Country: Canada 7 of 26
Year: 2008 1 of 3
Size (of disclosed) 32 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-02 Almatis

Frankfurt, Germany

Almatis GmbH is a manufacture and supply of premium alumina and alumina-based products.

Sell $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-24 SAESA Group

Osorno, Chile

SAESA Group is a vertically integrated group of electricity generation, transmission and distribution companies in Chile. SAESA Group is based in Osorno, Chile.

Buy -