EnCap completed the acquisitipn of X2 Resources.

Synopsis

EnCap, a US-based private equity firm specializing in growth capital for the energy sector, completed the acquisitipn of X2 Resources, a UK-based private equity firm specializing in investments in the mining and metals sectors. Financial terms were not disclosed.

Principals

target

X2 Resources

bidder

Encap Investments

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Market Context

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Seller Team (1)

james garrett

Partner at Latham & Watkins

Lawyer

target

Deals

£ 9.45 B

Total Value

Bidder Team (1)

martin phillips

Co-Founder, CEO and Managing Partner at ENCAP INVESTMENTS LP

Investor

bidder

Deals

£ 5.31 B

Total Value

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