Presidio Petroleum Acquires Oil and Gas Assets from Templar Energy

Presidio Petroleum Acquires Apache's Western Anadarko Basin Producing Assets

July 23, 2019

Oil & Gas

Presidio Petroleum, a portfolio company majority owned by Morgan Stanley Energy Partners, completed the acquisition of oil and natural gas producing properties in the western Anadarko Basin from Apache Corporation. The transaction is an add-on that expands Presidio's operating footprint across Texas, Oklahoma and Kansas and brings Apache's field operations team into Presidio.

Presidio Investors Acquires Majority Stake in Almaden

November 7, 2023

Marketing & Advertising

Presidio Investors purchased a majority stake in Almaden, a Santa Clara, California-based marketing supply chain services firm that provides promotional products, signage, print, packaging and direct marketing. Presidio said it will support Almaden's growth through geographic expansion, additional investments in the company's technology platform and pursuit of strategic acquisition opportunities.

Affiliates of Funds Advised by BC Partners Acquire Presidio, Inc.

December 19, 2019

IT Services

Affiliates of funds advised by BC Partners completed an all-cash acquisition of Presidio, Inc. for approximately $2.2 billion (including net debt), taking the company private and resulting in the delisting of Presidio’s common stock. BC Partners said the transaction will support Presidio’s growth initiatives and strategic investments to expand its digital infrastructure, cloud and security capabilities.

Laredo Petroleum Acquires Sabalo Energy Assets for $715M

May 9, 2021

Oil & Gas

Laredo Petroleum (NYSE: LPI) signed a purchase and sale agreement to acquire the assets of Sabalo Energy, a portfolio company of EnCap Investments, for approximately $715 million in cash and stock. Concurrently, Laredo sold 37.5% of certain operated PDP reserves in its Legacy leasehold to an affiliate of Sixth Street Partners for $405 million to help fund the acquisition and deleverage the balance sheet.

Blackstone Infrastructure Partners Acquires ~44% Economic Interest in Tallgrass Energy

February 5, 2019

Energy

Affiliates of Blackstone Infrastructure Partners agreed to acquire 100% of the general partner membership interests and approximately a 44% economic interest in Tallgrass Energy, LP from Kelso & Co., The Energy & Minerals Group and certain management investors for about $3.3 billion in cash. Singapore sovereign wealth fund GIC will be a minority investor in the transaction; the deal represents an ownership transition and provides capital and strategic support for Tallgrass’s midstream growth projects.

ARM Energy Holdings Acquires Monument Pipeline LP from NextEra Energy Partners

April 4, 2022

Energy

ARM Energy Holdings, together with affiliates and financial partners, acquired Monument Pipeline LP, a 156-mile natural gas pipeline system serving the Greater Houston area, from affiliates of NextEra Energy Partners. The acquisition strengthens ARM's natural gas market connectivity and expands its marketing reach to additional end-users across Houston and adjacent markets.