Fishman Haygood Client Black Bay Energy Capital Sells Portfolio Company for $100MM
July 19, 2022
On July 4, 2022, Cathedral Energy Services Ltd. announced that it had entered into an agreement with Black Bay Energy Capital, a private equity firm focused on the North American energy sector, to acquire its portfolio company Altitude Energy Partners, LLC. Altitude, which is a directional drilling services business, was purchased for approximately $100MM. Click here to read the press release about the closing.
Fishman Haygood LLP served as legal counsel to Altitude and Black Bay. The team was led by John Werner, Chip Saulsbury, and Meghan Montgomery.
Our attorneys have been involved in some of the largest M&A transactions in Louisiana, including three of the four largest statewide transactions. We represent acquirer and target companies in a variety of transactions involving mergers, negotiated stock acquisitions, asset acquisitions, and other corporate restructuring transactions. Click here to learn more about the firm’s M&A group.