EIV Capital Energy Acquisition | M&A Deal

EIV Capital has completed the acquisition of a flagship energy upstream oil and gas fund platform, an oilfield services business in the United States, for $1.1bn. The oilfield services acquisition strategy focuses on funding upstream capabilities tied to production, drilling, and field operations, supporting energy M&A across U.S. basins. EIV Capital acquisitions are designed to build scale through platform acquisition and follow-on private equity acquisition opportunities in energy infrastructure and services. The closed platform acquisition is backed by a private equity firm and totals over $100m, with reported fundraise figures of $500m and $450m.