EQV completed the acquisition of Permian oil and gas assets of Quantum Capital Group-backed Rio Oil and Gas II.

Synopsis

EQV, a blank check company, completed the acquisition of Permian oil and gas assets of Quantum Capital Group-backed Rio Oil and Gas II, an independent exploration and production company. Financial terms were not disclosed.

Principals

target

Rio Oil And Gas Ii (permian Oil And Gas Assets)

bidder

Eqv Ventures Acquisition Corp

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Market Context