Strategic Value Partners (SVP) Acquires Majority Stake in New Frontera Holdings

Strategic Value Partners to Acquire Minority Stake in South Field Energy

July 27, 2026

Energy

Strategic Value Partners (SVP) and its affiliates have agreed to acquire a minority equity interest in South Field Energy, a 1,182-megawatt natural gas combined-cycle generation facility in Columbiana County, Ohio. The investment is being made through SVP’s partnership with EverGen Power, a power generation asset management firm formed in 2024.

Strategic Value Partners (SVP) to Acquire Remaining Equity Interests in Birdsboro Power

May 8, 2026

Energy

Strategic Value Partners (SVP) signed a definitive agreement through its managed funds (the “SVP Funds”) to acquire the remaining equity interests in Birdsboro Power, LLC (“Birdsboro”), a 485-megawatt natural gas-fired combined-cycle generation facility in Birdsboro, Pennsylvania. The deal would bring Birdsboro under full SVP Fund ownership, following SVP’s initial one-third stake acquisition in May 2025 and its ongoing role as Managing Member alongside EverGen Power.

Parex Resources Acquires Frontera Energy’s Colombian E&P Assets for $750 Million Firm Value

March 10, 2026

Energy

Parex Resources entered into a definitive arrangement agreement to acquire Frontera Energy’s upstream Colombian exploration and production business (Frontera E&P Assets) for $500 million cash at closing plus a $25 million contingent payment, valuing the deal at approximately $750 million including assumed debt. The transaction was structured as a plan of arrangement under British Columbia law and closed on June 1, 2026, with Frontera transitioning to a standalone infrastructure company and distributing capital back to shareholders.

GeoPark Acquires Frontera Energy’s Colombian E&P Assets via Frontera International Holdings B.V.

January 1, 2026

Energy

GeoPark entered into a definitive agreement to acquire 100% of Frontera Petroleum International Holdings B.V. (“Frontera International”), which holds oil and gas exploration and production assets in Colombia, from Frontera Energy, for $375 million in cash at closing plus up to $25 million contingent on development milestones. The deal is intended to create a leading independent E&P platform across Colombia and Argentina and will strengthen GeoPark’s ability to fund growth in Argentina’s Vaca Muerta. GeoPark will also assume Frontera’s specified notes and other indebtedness tied to the acquired assets.

Strategic Value Partners Completes Acquisition of Revelyst for $1.125 Billion

January 7, 2025

Consumer Products

Strategic Value Partners (SVP)-managed funds completed the all-cash acquisition of Revelyst for an enterprise value of $1.125 billion. Revelyst stockholders received $20.12 per share, and Revelyst common stock ceased trading on the New York Stock Exchange.

Strategic Value Partners to Acquire Majority of Hornblower Group; Crestview Retains Minority

February 21, 2024

Transportation

Funds managed by Strategic Value Partners (SVP) will acquire majority ownership of Hornblower Group and provide $121 million of new equity while Crestview Partners will retain a significant minority stake and take sole ownership of Journey Beyond. The transaction is part of a broader financial restructuring that includes $300 million of DIP financing, approximately $720 million of debt reduction and the planned sale or wind-down of Hornblower’s American Queen Voyages unit to focus the business on core land- and water-based experiences.