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New Deal


Announced

Completed

IFM Investors-backed Buckeye completed the acquisition of Elysian Carbon Management from EnCap Flatrock.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Majority

Completed

Acquisition

Environmental / Waste Management

carbon management

United States

carbon capture

Domestic

Private

Private Equity

Single Bidder

Synopsis

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IFM Investors-backed Buckeye, an independent pipeline common carrier of refined petroleum products, completed the acquisition of Elysian Carbon Management, a company that provides integrated end-to-end carbon capture and storage solutions from EnCap Flatrock, a venture capital firm. Financial terms were not disclosed. “We’ve always thought that carbon capture and storage makes a lot of sense for Buckeye. We wanted to find the right group that we thought could push it," Todd J. Russo, Buckeye CEO.

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