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Blackstone, the world's largest alternative asset manager, has agreed to acquire energy data and analytics provider Enverus in a deal valued at approximately $6.5 billion. The acquisition, which involves purchasing Enverus from private equity firms Hellman & Friedman and Genstar, is expected to close by the end of 2025. To finance the transaction, Blackstone is reportedly in talks with private credit lenders to secure about $3 billion in debt. This deal reflects a resurgence in dealmaking activity within the private equity sector following a recent slowdown.
Blackstone Inc.Ā is in discussions with a group of private credit lenders for approximately $3 billion of debt to support its acquisition of energy data platformĀ Enverus Inc., according to people with knowledge of the matter. #oott https://t.co/szfSrex5xX
Blackstone clinches $6.5 billion Enverus deal https://t.co/5s9UfF6pgQ https://t.co/5s9UfF6pgQ
Energy Capital Partners is in advanced negotiations to buy a minority stake in GFL Environmental's infrastructure affiliate, with the deal expected to value the business at around $3.1 billion https://t.co/NdXkcYvCaD
