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New Deal


Announced

Completed

EnCap Flatrock Midstream completed a $300m investment in Rangeland Energy.

Financials

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Transaction Value£285m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Single Bidder

Acquisition

Private Equity

Private

United States

midstream assets

Friendly

Integrated Oil and Gas

Minority

Domestic

Synopsis

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EnCap Flatrock Midstream, a private equity firm, completed a $300m investment in Rangeland Energy, an oil and gas company. “We are very excited to launch Rangeland IV and continue our long-term partnership with EnCap Flatrock Midstream. Rangeland IV will be focused on acquiring assets and developing projects that accommodate an ever-increasing global demand for traditional energy commodities while simultaneously assessing new opportunities in an evolving energy landscape," Chris Keene, Rangeland Energy CEO.

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