A Locke Lord team led by Kevin Peter and Jennie Simmons (both of Houston) represented WildFire Energy, an independent energy platform company, in its acquisition of Hawkwood Energy, an independent exploration and production company. The transaction attributes an enterprise valuation to Hawkwood of approximately $650 million. Following the transaction, Hawkwood's existing equity owners will retain a ~50% equity interest in WildFire, alongside ~50% held by WildFire's management team and private equity sponsor Kayne Anderson. Additional assistance was provided by Terry Radney, Hunter Summerford, Jerry Higdon, Eric Larson, Sara Longtain, Ed Razim, Buddy Sanders, Jeff Wallace, Jason McCloskey, Andrew Nelson, Lauren Richter and Case Towslee (all of Houston), Peter Wynacht (Chicago) and Van Jolas (Dallas).
Posted on July 13, 2021