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.
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.