Announced
Completed
Financials
Tags
Restructuring
United States
Domestic
Private Equity
Completed
Oil: Crude Producers
Acquisition
Single Bidder
Majority
energy company
Friendly
Private
Synopsis
GSO Capital Partners, an investment management firm, completed the acquisition of Legacy Reserves, an energy company. Financial terms were not disclosed. "Today marks a fresh start for Legacy. I am thankful for the persistence of our supporting stakeholders throughout this process and for the new investment they have made in this company. I greatly appreciate our banks who stepped up to help us during a difficult time in this market," Dan Westcott, Legacy Reserves Chief Executive Officer.
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