Vistra to Acquire Minority Equity Interests in Vistra Vision LLC

Vistra Corp to Acquire Energy Harbor in $3+ Billion Deal

March 8, 2023

Energy

Vistra Corp. (NYSE: VST) signed a definitive agreement to acquire Energy Harbor in a transaction valued at more than $3 billion. Energy Harbor will merge into a newly formed Vistra subsidiary holding company (“Vistra Vision”), combining Energy Harbor’s nuclear and retail businesses with Vistra’s nuclear, renewables, and storage assets.

Avista Capital Partners and VHC Investco Acquire Vision Healthcare NV

June 1, 2020

Consumer Products

Avista Capital Partners, together with VHC Investco and company management, acquired Belgium-based Vision Healthcare NV in a transaction valuing the company at €305 million (approximately $336 million). Avista and VHC Investco/management will each hold a 50% ownership interest; the partnership will support Vision's omni-channel, direct-to-consumer growth and geographic expansion across Europe and beyond.

Ovintiv Completes Acquisition of NuVista Energy for $2.7 Billion

February 3, 2026

Energy

Ovintiv completed its acquisition of all common shares of NuVista Energy Ltd. in a cash-and-stock transaction valued at about $2.7 billion. The deal adds roughly 140,000 net acres and about 930 net 10,000-foot equivalent well locations in the oil-rich Alberta Montney, with expected 2026 production averaging about 100 MBOE/d.

Capital Constellation Acquires Minority Stake in Avista Capital Partners

January 12, 2021

Financial Services

Capital Constellation, a group of institutional investors managed by Wafra Inc., acquired a minority ownership interest in New York-based private equity firm Avista Capital Partners. The strategic investment provides Avista with growth capital to expand its healthcare-focused investment platform and increase commitments to its funds; Houlihan Lokey and Kirkland & Ellis served as advisors on the transaction.

Civista Bancshares Acquires Vision Financial Group

September 30, 2022

Financial Services

Civista Bancshares, Inc. (NASDAQ: CIVB) signed a definitive agreement to acquire all outstanding shares of Pittsburgh-based Vision Financial Group, Inc., a privately held equipment leasing and finance company founded in 1991. Vision Financial Group will become a subsidiary of Civista Bank and continue operating under its name, with management and employees remaining in place; the deal consideration includes cash, Civista common stock and potential earn-out stock payments.

The Vistria Group Completes Majority Recapitalization of Education Solutions Services (ESS)

March 15, 2022

Education

The Vistria Group has acquired a majority stake in Education Solutions Services (ESS), a Knoxville-based K-12 staffing and virtual instruction provider; Nautic Partners sold the majority interest but will remain a minority investor. Comvest Credit Partners acted as administrative agent on a senior secured credit facility to support the transaction. ESS serves roughly 900 school districts (over 4 million students) and will use the new partnership to accelerate growth and expand its virtual and managed staffing capabilities.