Announced
Completed
Financials
Tags
Integrated Oil and Gas
United States
Acquisition
Public
Friendly
Private Equity
Single Bidder
oil and gas company
Domestic
Majority
Completed
Synopsis
Juniper Capital Advisors, an energy investment firm based in Houston, Texas, completed an investment of $188m in Penn Virginia, a pure-play independent oil and gas company. "We believe the Company can produce attractive returns to shareholders by maintaining low leverage, generating consistent free cash flow and focusing on cash-based returns on every dollar invested," Edward Geiser, Juniper Managing Partner.
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