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New Deal


Announced

Completed

GSO Capital Partners completed the acquisition of Legacy Reserves.

Financials

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Transaction Value-
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Restructuring

United States

Domestic

Private Equity

Completed

Oil: Crude Producers

Acquisition

Single Bidder

Majority

energy company

Friendly

Private

Synopsis

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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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