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New Deal


Announced

Completed

EnCap Flatrock Midstream completed a $200m investment in Vecino Energy.

Financials

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Transaction Value£167m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

Integrated Oil and Gas

Minority

United States

Completed

Private

Friendly

Acquisition

energy company

Private Equity

Synopsis

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EnCap Flatrock Midstream, a private equity firm, completed a $200m investment in Vecino Energy, a growth-oriented energy infrastructure company. “We have closely followed Vecino’s management team for years, and we are confident that they will bring a thoughtful approach to energy investment and operations, driven by the team’s extensive and diverse backgrounds, which span across multiple commodities, roles and basins,” Dave Kurtz, EnCap Flatrock Managing Partner.

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