Stonepeak to Acquire 75% of IOR

Stonepeak-Led Consortium Acquires Majority Stake in Estia Health

May 27, 2026

Healthcare Services

Stonepeak has entered into a definitive agreement to acquire a majority stake in Estia Health, one of Australia’s leading residential aged care operators. The deal is being completed through Stonepeak’s Volarae Living social infrastructure platform and includes consortium partner Axight Capital Limited (minority stake) and PSP Investments.

Stonepeak Acquires Majority Controlling Interest in Castrol from bp (65% Stake)

December 24, 2025

Energy

Stonepeak has agreed to acquire a majority controlling interest in Castrol from bp in a transaction valuing the lubricants business at an enterprise value of approximately $10.1 billion. bp will retain a 35% minority stake, while CPP Investments will invest up to USD $1.05 billion in support of the deal; the transaction is expected to close by the end of 2026, subject to regulatory approvals.

Stonepeak to Acquire Allgas

December 17, 2025

Energy

Stonepeak has entered into a definitive agreement to acquire Allgas, a gas distribution network operating across Queensland, Australia. The deal is subject to regulatory approvals and is expected to close in the first half of 2026.

Stonepeak to Acquire Textainer Group Holdings for $7.4 Billion

October 26, 2023

Transportation

Textainer Group Holdings Limited (an intermodal container lessor) entered into a definitive agreement to be acquired by Stonepeak for an enterprise value of about $7.4 billion. Under the deal terms, Textainer common shareholders will receive $50 per share in cash, and the transaction is expected to close in the first quarter of 2024, subject to customary conditions and approvals.

Stonepeak and Spirit Super Acquire GeelongPort

April 26, 2023

Logistics & Distribution

Stonepeak (70%) and Australia's Spirit Super (30%) have completed their acquisition of GeelongPort Pty Limited from Brookfield and SAS Trustee Corp. The transaction secures control of Victoria’s second-largest port — a diversified landlord port handling significant trade volumes and supporting regional jobs — as Stonepeak expands its infrastructure footprint in Australia.

Stonepeak Acquires Oryx Midstream for Approximately $3.6 Billion

April 2, 2019

Energy

Funds managed by Stonepeak Infrastructure Partners agreed to acquire substantially all assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC (collectively, Oryx) for about $3.6 billion. Sellers include affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources and WPX Energy; Oryx will remain headquartered in Midland, Texas with its leadership team continuing in place and investing alongside Stonepeak.