AIMCo Acquires Astatine's Stake in Howard Energy Partners
November 8, 2022
Alberta Investment Management Corporation (AIMCo) has acquired Astatine Investment Partners' stake in Howard Energy Partners, increasing AIMCo's ownership to 87%. Howard Energy Partners' management and other minority investors will retain a combined 13% stake; terms were not disclosed.
- Buyers
- Alberta Investment Management Corporation (AIMCo)
- Targets
- Howard Energy Partners
- Sellers
- Astatine Investment Partners (formerly Alinda Capital Partners)
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Astatine Investment Partners Acquires McKeil Marine from TorQuest Partners
November 3, 2023
Transportation
Astatine Investment Partners, a Greenwich, Connecticut–based infrastructure-focused private equity firm, has acquired McKeil Marine Limited, a Canadian marine transportation and project services provider, from TorQuest Partners. Astatine said it will partner with McKeil's management to expand the company's service offerings and fleet while leveraging McKeil's long-term inflation-linked contracts to provide downside protection.
-
AIMCo Acquires Minority Stake in Davies Group from HGGC
January 23, 2019
Professional Services
Alberta Investment Management Corporation (AIMCo) agreed to buy a minority stake in London-based Davies Group from majority owner HGGC, with HGGC retaining majority ownership. The investment provides Davies with long-term institutional capital to support continued organic growth and expansion; the company has more than doubled revenues to $150 million and employs roughly 1,700 people across the UK, Ireland, Bermuda, the US and Canada.
-
Aterian Investment Partners Acquires ATCO Industries, Inc.
May 24, 2022
Industrial Services
Aterian Investment Partners, a New York-based private equity firm, has acquired ATCO Industries, Inc., a Sterling Heights, Michigan provider of tech-enabled testing, measurement and quality containment services for the North American automotive industry. Stellus Capital Management and LBC Credit Partners provided financing for the transaction; advisors included Kirkland & Ellis, William Blair, Deloitte Corporate Finance and Honigman LLP.
-
Sterling Investment Partners Recapitalizes AIMS Companies
April 13, 2020
Industrial Services
Sterling Investment Partners has recapitalized AIMS Companies, a Scottsdale, Arizona-based provider of infrastructure inspection, maintenance, and support services, in partnership with AIMS founder and management. The recapitalization will support AIMS' growth and geographic expansion across municipal, utility, industrial, and energy end markets; terms were not disclosed.
-
Astatine Investment Partners Acquires NRG Riverside
April 24, 2024
Transportation
Astatine Investment Partners has acquired NRG Riverside, the UK’s leading rental provider of specialist waste collection vehicles, from Palatine and other shareholders. The deal gives Astatine a market-leading platform with over 2,000 vehicles and a UK-wide maintenance footprint; management will remain in place as Astatine supports growth, including transition to zero-emission vehicles.
-
Canadian Overseas Petroleum Acquires Atomic Oil & Gas for $54M
December 1, 2020
Oil & Gas
Canadian Overseas Petroleum Limited (COPL) agreed to acquire Atomic Oil & Gas LLC for US$54 million in a mix of assumed debt, cash and COPL shares, with an effective date of December 1, 2020 and expected completion by January 31, 2021. The acquisition adds operated onshore oil assets in the Powder River Basin (Wyoming) — including two oil production units, associated midstream assets and ~31.1mm BOE (2P) reserves — materially expanding COPL's production, reserves and U.S. footprint.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.