Acquest Advisors/Deal History

Deal History

25+ total transactions representing $3B+ in aggregate value — 19 tracked below spanning 2007–2016 · 2 industries

25+
Total Transactions
2
Industries
2007–2016
Years Active
Energy & Utilities16
Restructuring of Pacific Exploration & Production2016
Strategic acquirer: Blackhill Partners (CRO)

Partnered with Blackhill Partners on $5.4 billion multi-jurisdictional restructuring of Colombia's largest private E&P company. Acquest team led by Sheldon Stoughton brought Latin America upstream M&A expertise and Spanish language capability.

$5B+RecapitalizationSell Side Advisor
Sale of JP Energy Pipeline System2015
Strategic acquirer: Strategic buyer

Exclusive financial advisor on sale of 75-mile crude oil pipeline system in Southern Oklahoma and North Texas and associated crude oil hauling and marketing business to strategic buyer.

$40M-$60MSell SideSell Side Advisor
Sale of New Gulf Resources Gathering System to Midcoast Energy Partners2014
Strategic acquirer: Midcoast Energy Partners

Exclusive financial advisor on $85 million sale of natural gas gathering system in Leon, Madison and Grimes Counties, Texas. NGR entered long-term gathering and processing agreement.

$80M-$90MSell SideSell Side Advisor
Sale of Penn Virginia Natural Gas Gathering System to American Midstream Partners2014
Strategic acquirer: American Midstream Partners

Exclusive sell-side advisor on the $100 million sale of a 120-mile natural gas gathering and redelivery system in the Eagle Ford shale. Transaction represented 12.5x 2014 EBITDA valuation.

$100M-$150MSell SideSell Side Advisor
Monetization of Penn Virginia Crude Oil Gathering System2014
Acquired by PE: Republic Midstream

Advised on $150 million monetization of crude oil gathering system with long-term gathering agreement.

$150M-$200MSell SideSell Side Advisor
Sale of Texon Crude Oil Marketing Business to Sunoco Logistics2012
Strategic acquirer: Sunoco Logistics Partners

Exclusive sell-side advisor on $205 million plus inventory sale of crude oil purchasing, transporting and marketing business operating in 16 states including Bakken, Granite Wash and Eagle Ford shale regions.

$200M-$250MSell SideSell Side Advisor
Sale of Penn Virginia Crossroads Processing Plant to DCP Midstream2012
Strategic acquirer: DCP Midstream Partners

Exclusive financial advisor on $63 million sale of 80 MMcfd cryogenic processing plant and associated pipelines in East Texas.

$60M-$70MSell SideSell Side Advisor
Sale of Texon Butane Blending Business to Sunoco Logistics2011
Strategic acquirer: Sunoco Logistics Partners

Sell-side advisor on $140 million plus inventory sale of downstream butane blending business. Transaction achieved attractive valuation through highly competitive sale process.

$135M-$145MSell SideSell Side Advisor
Sale of Lubrication Services by Enterprise Products Partners2010
Strategic acquirer: Undisclosed strategic buyer

Exclusive sell-side advisor on $42 million sale of multi-regional chemical and fuel distributor servicing oil and gas industry with 20 field locations and 70+ delivery vehicles.

$40M-$45MSell SideSell Side Advisor
Sale of Asgard Natural Gas Marketing Business2010
Strategic acquirer: Undisclosed buyer

Exclusive sell-side advisor on sale of natural gas marketing company with 1,400+ commercial and industrial customers across five states and 13,000+ residential accounts.

$20M-$40MSell SideSell Side Advisor
Sale of Norton Energy Storage to FirstEnergy Corp2010
Strategic acquirer: FirstEnergy Corp

Sell-side advisor on sale of 2,000 MW compressed air energy storage development project in Louisiana. Transaction achieved solid returns for equity sponsors Haddington Energy Ventures and CCMP.

$100M-$200MSell SideSell Side Advisor
Sale of Caledonia Gas Storage Project2009
Acquired by PE: Tenaska-sponsored fund

Sell-side advisor on sale of 12 Bcfw depleted reservoir natural gas storage facility in Mississippi with expansion plans for additional 5 Bcfw.

$50M-$100MSell SideSell Side Advisor
Sale of Texon Retail Gas Marketing Division to CenterPoint Energy2009
Strategic acquirer: CenterPoint Energy

Sell-side advisor on sale of self-contained retail gas marketing division serving customers in Pennsylvania to strategic buyer with regional gas pipeline operations.

$30M-$50MSell SideSell Side Advisor
Sale of Texon Propane Terminals to Keyera Facilities Income Fund2009
Strategic acquirer: Keyera Facilities Income Fund

Sell-side advisor on sale of three propane terminals located in Vancouver WA, Albuquerque NM, and Lordstown OH to publicly-traded Canadian fund expanding U.S. operations.

$30M-$50MSell SideSell Side Advisor
Sale of Bobcat Gas Storage Project Interest2008
Acquired by PE: Strategic or private equity buyer

Lead sell-side advisor on sale of 50% interest in $350 million salt dome storage facility in Louisiana with 34 Bcfw permitted capacity. Also led $185 million non-recourse credit facility financing.

$90M-$100MSell SideSell Side Advisor
Sale of Gulf LNG Terminal Interest to El Paso Energy2007
Strategic acquirer: El Paso Energy Corporation

Advisor on $300 million sale of 50% interest in $1.1 billion LNG receiving terminal development in Pascagoula, Mississippi. Also advised on $870 million non-recourse credit facility financing.

$300M-$350MSell SideSell Side Advisor
Process Manufacturing3
Sale of Calumet Buyside Transaction - Penreco2012
Strategic acquirer: Calumet Specialty Products Partners

Buy-side advisor to Calumet on acquisition of Penreco, which manufactures and markets highly refined products and specialty solvents. Transaction funded through public equity offering and term loan.

$100M-$200MBuy SideBuy Side Advisor
Acquisition of Advanced Aromatics by Monument Chemical2010
Strategic acquirer: Monument Chemical

Buy-side advisor to Monument Chemical on negotiated acquisition of 16-acre chemical plant in Baytown with specialty chemical solvents, naphthalene and derivatives business.

$40M-$60MBuy SideBuy Side Advisor
Sale of P.A. Inc. to Private Equity Firm2009
Acquired by PE: Private equity firm

Sell-side advisor on sale of specialty distributor of nickel alloy pipe, tubing, fittings and flanges for chemical and petrochemical industries. Management retained equity interest.

$20M-$40MSell SideSell Side Advisor