Announced
Financials
Sources
Tags
energy company
United States
Integrated Oil and Gas
Friendly
Single Bidder
Majority
Acquisition
Private Equity
Private
Domestic
Pending
Synopsis
PW Consortium, a family office-led consortium made up of Hill Partners, Cain Capital, Eaglebine Capital Partners, Fortress Investment Group, HF Capital, Petro-Hunt and Wincoram Asset Management, agreed to acquire PureWest Energy, a private energy company, for $1.84bn. "Since its inception, PureWest has achieved a remarkable series of accomplishments. Our team has successfully consolidated operations on the Pinedale Anticline, showcasing a sustainable inventory runway. Moreover, we have positioned our brand as a prominent market leader in low methane certified gas and earned recognition as the best workplace in Denver. We are thrilled about our partnership with the new equity consortium, which will further fortify the robust platform we have established," Chris Valdez, PureWest CEO.
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