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New Deal


Announced

Completed

NGP completed a $100m investment in Wing Resources.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Domestic

Acquisition

Completed

Integrated Oil and Gas

oil & gas company

United States

Private Equity

Private

Minority

Synopsis

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NGP, a private equity firm, completed a $100m investment in Wing Resources, a Permian Basin focused mineral and royalty acquisition company. “NGP is excited and thankful to continue our seventh partnership with the Wing team. Nick and the Wing team have built an incredible mineral and royalty franchise with demonstrated results for investors. We believe Wing’s highly talented team coupled with its market vision will continue to position the company for long-term success,” Peter Ray, NGP Principal.

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