.
MergerLinks Header Logo

New Deal


Announced

PW Consortium to acquire PureWest Energy for $1.84bn.

Financials

Edit Data
Transaction Value£1,484m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

energy company

United States

Integrated Oil and Gas

Friendly

Single Bidder

Majority

Acquisition

Private Equity

Private

Domestic

Pending

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US