Carnelian Energy Capital Makes Equity Investment in Zavanna

Vestar Capital Launches $1.2B Continuation Vehicle for Circana (Blackstone, HarbourVest lead)

April 25, 2024

Data & Analytics

Vestar Capital Partners closed a $1.2 billion single-asset continuation vehicle to provide liquidity and committed capital for its stake in Circana. Blackstone Strategic Partners and HarbourVest Partners acted as lead investors in the vehicle, which is intended to offer existing investors optional liquidity while supporting Circana's organic and inorganic growth initiatives.

Spartan Delta Corp. Acquires Velvet Energy Ltd.

August 31, 2021

Energy

Spartan Delta Corp. closed the previously announced acquisition of Velvet Energy Ltd., a privately held light-oil Montney producer in northwest Alberta, for approximately CAD 751.5 million in cash, shares and assumed net debt. The deal (funded via equity financing, a new five-year term facility and revolver capacity) adds ~20,600 boe/d of production and large Montney acreage, positioning Spartan as a leading Montney oil producer and acreage holder.

Cerberus Capital Management Acquires EverZinc

December 22, 2025

Manufacturing

Affiliates of Cerberus Capital Management have completed the acquisition of EverZinc Corporation, a global producer of specialty zinc materials. Cerberus has provided a significant capital commitment to support EverZinc's innovation, infrastructure investment, and global growth initiatives.

Peloton Equity Leads Growth Recapitalization of Grenova

March 21, 2022

Medical Devices

Peloton Equity, alongside Hamilton Lane Impact Fund II and Morgan Stanley AIP Private Markets, closed a growth and recapitalization investment to acquire a majority stake in Grenova, a Richmond, Virginia-based manufacturer of lab sustainability technology. The investment will fund accelerated sales and marketing, new product launches, and global expansion while Grenova management and certain existing shareholders retain a significant ownership stake.

Carlyle to Acquire Mediterranean E&P Asset Portfolio from Energean

June 20, 2024

Oil & Gas

The Carlyle Group, through its Carlyle International Energy Partners fund, has agreed to acquire a portfolio of gas-weighted exploration and production (E&P) assets in Italy, Egypt and Croatia from Energean plc. The assets — which include interests in the Cassiopea field (Italy) and the Abu Qir hub (Egypt) — will form the basis of a standalone Mediterranean E&P platform subject to regulatory approvals.

NEO Energy Acquires Zennor Petroleum

January 1, 2021

Energy

NEO Energy, backed by private equity firm HitecVision, has acquired independent oil and gas company Zennor Petroleum Limited in a transaction valued at up to USD 625 million (including deferred and contingent consideration). The deal increases NEO’s operated UK Continental Shelf portfolio and production profile, adds ~40 mmboe of reserves and >90 mmboe of un‑risked resource, and brings the Zennor team into NEO (raising combined headcount to over 180).