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New Deal


Announced

Completed

EnCap completed the acquisition of EP Energy for $1.5bn.

Financials

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Transaction Value£1,080m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Friendly

Single Bidder

Integrated Oil and Gas

Majority

Acquisition

Completed

oil & gas

energy

United States

Domestic

Private

Synopsis

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EnCap, a private equity firm, completed the acquisition of EP Energy, an energy firm, for $1.5bn. EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies.

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