AJ Lucas to acquire a stake in Cuadrilla from Riverstone.

AJ Lucas, a specialist provider to the energy, mining and infrastructure sectors, agreed to acquire a stake in Cuadrilla, an oil and gas exploration and production company, from private equity firm Riverstone. Financial terms were not disclosed. Following this acquisition, AJL’s holding in Cuadrilla will increase from its current level of 47.6% to approximately 93%, with the remainder of the shares primarily held by current and former employees.