Drax Biomass Acquires Louisiana Pellets for $35.4 million

Lignetics Acquires Fiber By-Products

April 17, 2023

Manufacturing

Lignetics Group has acquired Fiber By-Products, a White Pigeon, Michigan-based recycler and wood pellet manufacturer, enabling the company to scale Fiber By-Products' production and reach a larger segment of the residential heating, BBQ and animal bedding markets. The transaction marks an exit for investor Beringea U.S., which originally invested in Fiber By-Products in 2013.

Lignetics Acquires Great Lakes Renewable Energy

March 31, 2021

Manufacturing

Lignetics, a portfolio company of Taglich Private Equity, acquired Great Lakes Renewable Energy (GLRE), a Hayward, Wisconsin-based wood pellet manufacturer, in a transaction that closed March 31, 2021. The deal adds GLRE's Lumber Jack Grilling Pellets brand and unique round-log 5.5mm pellet capacity to Lignetics' portfolio, expanding its grilling and consumer pellet offerings.

Targa Resources Acquires Lucid Energy for $3.55B

July 29, 2022

Energy

Targa Resources Corp. completed the $3.55 billion acquisition of Lucid Energy Delaware, LLC, adding approximately 1,050 miles of gas gathering pipelines and ~1.4 Bcf/d of cryogenic gas processing capacity concentrated in the Delaware Basin. The deal, purchased from a group of private-equity and infrastructure investors led by Riverstone and Goldman Sachs Asset Management (and related funds), expands Targa's Permian Basin footprint and anchored volumes under long-term contracts.

Best Trash Acquires Pelican Waste & Debris

October 30, 2025

Environmental Services

Best Trash, a Richmond, Texas-based municipal solid waste platform, has acquired Pelican Waste & Debris, a Southern Louisiana and Mississippi residential and commercial hauling provider. The deal expands Best Trash's footprint beyond Texas into Louisiana and Mississippi and adds roll-off and construction debris services; Pelican founders Roddie Matherne and Corey Callais will retain an ownership stake in the combined company.

Woodside Acquires Tellurian Inc. for Approximately $900 Million

July 21, 2024

Energy

Woodside Energy Group Ltd and its U.S. acquisition vehicles have acquired all outstanding shares of Tellurian Inc. in an all-cash transaction of $1.00 per share (approximately $900 million cash; implied enterprise value ~ $1.2 billion). The deal closed in Q4 2024, making Tellurian a wholly owned subsidiary of Woodside and bringing the Driftwood LNG project into Woodside's portfolio (renamed Woodside Louisiana LNG).

Vital Energy Acquires Assets of Driftwood Energy Operating, LLC

February 14, 2023

Energy

Vital Energy, Inc. (NYSE: VTLE) signed a definitive agreement to acquire the assets of Driftwood Energy Operating, LLC, comprising leasehold interests, production and hedges, in exchange for 1,578,948 shares of Vital common stock and $127.6 million in cash. The asset package (effective Jan. 1, 2023) includes ~16,500 gross acres (11,200 net) in Upton and Reagan counties of the Midland Basin, ~5,400 BOE/day production, and an estimated 30 gross operated horizontal locations.