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New Deal


Announced

Completed

BlackRock to acquire First Reserve Energy Infrastructure Funds from First Reserve.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Natural

equity infrastructure

Private Equity

Completed

United States

Private Equity

Acquisition

Single Bidder

Synopsis

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BlackRock, has acquired First Reserve Energy Infrastructure Funds, the equity energy infrastructure franchise from First Reserve, a leading global private equity firm exclusively focused on energy. Financial terms were not disclosed. “This transaction expedites the growth trajectory of our platform and our ability to deliver to our clients a diverse platform of infrastructure investment solutions that can provide income generation, diversification and inflation protection.” Jim Barry, BlackRock Real Assets global head.

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