Merger Links

Bridgepoint to acquire Energy Capital Partners for $1bn.

Announced

Transaction Tags

  • private equity
  • United States
  • Private Equity
  • Acquisition
  • Majority
  • Private
  • Private Equity
  • Domestic
  • Pending
  • Friendly
  • Single Bidder

Synopsis

Bridgepoint, a private equity firm, agreed to acquire Energy Capital Partners, an energy transition investor, for $1bn. "We have enjoyed interacting extensively with ECP for more than a year as we have been jointly evaluating a combination of the businesses. We have found our cultures and approaches to business to be aligned and we are attracted to ECP's leading infrastructure position across the rapidly expanding energy transition theme. Together we offer more diverse revenue streams and greater growth opportunities with accelerating earnings expectations and a broader product mix to offer to our combined LP relationships. We expect ECP to continue on its successful growth path, with new and accelerated opportunities for development, and the ECP team, under Doug and team's continuing leadership, will bring invaluable experience to the Group," Raoul Hughes, Bridgepoint Managing Partner.

Sources

Press Release

Bridgepoint

Press Release

Bridgepoint

Press Release

Energy Capital Partners

Transaction Value

£835m

Consideration Type

Cash

Ordinary Shares

Loan Notes

Capital Owned

+ Add

Capital bid for

100%

EV/Sales

+ Add

EV/EBITDA

16.05x

Share Price Premium

+ Add
Service Providers (8)Dealmakers
Bank Of America

financial advisors

Bank Of America

Kirkland & Ellis

legal advisors

Kirkland & Ellis

Fgs Global

pr advisors

Fgs Global

Jp Morgan

financial advisors

Jp Morgan

Morgan Stanley

financial advisors

Morgan Stanley

Bnp Paribas

financial advisors

Bnp Paribas

Campbell Lutyens

financial advisors

Campbell Lutyens

Simpson Thacher & Bartlett

legal advisors

Simpson Thacher & Bartlett

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