CNX Resources Acquires Apex Energy II Upstream and Midstream Business

Phillips 66 Acquires Pinnacle Midstream from Energy Spectrum Capital

May 20, 2024

Energy

Phillips 66 has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle Midstream II) from private equity firm Energy Spectrum Capital for $550 million to expand its natural gas gathering and processing footprint in the Midland Basin. The assets include the Dos Picos 220 MMcf/d processing plant, ~80 miles of gathering pipeline and 50,000 dedicated acres; the deal is expected to close mid‑2024 subject to customary conditions, including HSR clearance.

Macquarie Asset Management to Acquire 90% Stake in Apex Energies Group

November 19, 2021

Renewable Energy

Macquarie Asset Management, via its Macquarie Green Investment Group Renewable Energy Fund 2, has entered exclusive negotiations to acquire a 90% equity interest in French solar developer and operator Apex Energies Group from a consortium of investors. Apex, which develops, builds and operates rooftop and ground-mounted solar projects across France and also provides energy-efficiency and monitoring services through subsidiaries ORA and S4E, will support Macquarie’s expansion of its renewable energy platform in France.

United Capital Financial Advisors Acquires Apexium Financial

November 11, 2025

Financial Services

United Capital Financial Advisors has acquired Apexium Financial LP, adding more than $4 billion in assets under management and expanding United Capital's national presence. The deal strengthens United Capital's advisor base and expands its financial planning-led service model, with legal counsel to Apexium provided by Sidley Austin and Decerno Advisors acting as M&A advisor.

APA Corporation Acquires Callon Petroleum Company

January 4, 2024

Energy

APA Corporation agreed to acquire Callon Petroleum Company in an all-stock transaction valued at approximately $4.5 billion (including Callon's net debt). The deal combines APA's Midland-focused assets with Callon's Delaware-focused footprint to scale operations in the Permian Basin, is expected to be accretive to key metrics, and targets annual synergies exceeding $150 million.

Catalyst Power Acquires AP Gas & Electric (NY) LLC

December 15, 2021

Energy

Catalyst Power Holdings LLC acquired AP Gas & Electric (NY) LLC, expanding Catalyst Power's retail energy footprint across New York State and enabling the addition of natural gas, community solar, and Connected Microgrid offerings to AP G&E NY's middle-market commercial and industrial customers. The acquisition is backed by BP Energy Partners, the private equity sponsor of Catalyst Power, and represents an add-on to Catalyst Power's platform to accelerate deployment of lower-carbon energy solutions.

EQT Corporation Acquires Tug Hill and XcL Midstream from Quantum Energy Partners

August 16, 2023

Energy

EQT Corporation has completed its acquisition of Tug Hill's upstream assets (THQ Appalachia I) and XcL Midstream's gathering and processing assets (THQ‑XcL Holdings I) from Quantum Energy Partners for a mix of cash and EQT stock (transaction consideration initially announced at ~$5.2 billion; closing consideration reported as ~$2.4 billion cash plus EQT shares). The bolt‑on deal expands EQT's footprint and midstream capabilities in Southwest Appalachia, delivering production and gathering/processing capacity expected to lower EQT's cost structure and increase cash flow.