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New Deal


Announced

Completed

HBC Investments and Barcas Investments completed the acquisition of Getka Energy from EnCap Flatrock Midstream.

Financials

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

Tags

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Private Equity

United States

Oil Equipment and Services

Venture Capital

crude oil transportation

Private

Acquisition

Completed

Majority

Single Bidder

Friendly

Synopsis

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HBC Investments, a growth capital provider, and Barcas Investments, a Houston, Texas-based midstream company, completed the acquisition of Getka Energy, a crude oil logistics provider, from EnCap Flatrock Midstream, a venture capital firm based in San Antonio. Financial terms were not disclosed. "Getka is grateful to EnCap Flatrock Midstream for its early-stage support. We look forward to continuing to grow our business as we work with the teams at HBC and Barcas under a new partnership to expand our footprint in the Mid-Continent," Dariusz Cichocki, Getka CEO.

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