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Goldman Sachs Asset Management raises $4bn for infrastructure deals.
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雪佛龙 , an American multinational energy corporation predominantly specializing in oil and gas, agreed to acquire Hess Corporation , an American global independent energy company involved in the exploration and production of crude oil and natural gas, for $60bn.
"This combination positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio by adding world-class assets. Importantly, our two companies have similar values and cultures, with a focus on operating safely and with integrity, attracting and developing the best people, making positive contributions to our communities and delivering higher returns and lower carbon," Mike Wirth , Chevron Chairman and CEO.
Hess is advised by 高盛 , J.P. 摩根 , and Wachtell, Lipton, Rosen & Katz (led by Martin Lipton, Karessa Cain, and Zachary?Podolsky). Chevron is advised by Evercore , 摩根士丹利 and Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by Kyle T. Seifried and Scott A. Barshay).
Vista Equity Partners , a global investment firm, agreed to acquire EngageSmart , a provider of vertically tailored customer engagement software and integrated payments solutions, for $4bn.
"We have built an amazing business by putting our customers at the center of everything we do. We continue to see attractive growth and customer retention in our vertically tailored SaaS solutions—a testament to the strength of our business model and our leading products. We believe the partnership with Vista and General Atlantic will enable us to continue investing in innovation and people to drive growth. We look forward to continuing to serve our customers and support our employees who are relentless in their pursuit of customer satisfaction," Bob Bennett , EngageSmart CEO.
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EngageSmart is advised by Evercore , 高盛 , Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by Graham Robinson, Laura Knoll, and Chadé Severin), and Joele Frank (led by Sharon Stern and Ed Trissel). Vista is advised by Kirkland & Ellis . General Atlantic is advised by Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by Matthew W. Abbott and Cullen L. Sinclair).
Stonepeak , an investment firm, agreed to acquire Textainer , a company that focuses on purchasing, leasing, and resale of marine cargo containers, for $7.4bn.?
“This transaction has been made possible by our strong company foundation reaffirmed over the last several years, which allowed for both substantial capex growth and the strengthening of our business, further driven by our deep customer relationships,” Olivier Ghesquiere , Textainer President and Chief Executive Officer.?
Textainer is advised by 美国银行 and 美迈斯 . Stonepeak is advised by 德意志银行 and Simpson Thacher & Bartlett LLP .?
Fortive , an American industrial technology conglomerate company, agreed to acquire EA Elektro-Automatik , a supplier of high-power electronic test solutions for energy storage, mobility, hydrogen, and renewable energy applications, for $1.45bn.
"We are pleased to announce our agreement to acquire EA Elektro-Automatik to enhance our leading position in electronic test and measurement, helping to enable the global energy transition. This acquisition will further position Fortive in multi-decade, multi-industry, high growth markets, leveraging Tektronix's global franchise and the power of the Fortive Business System to create unparalleled value for customers and shareholders," Jim Lico , Fortive President and CEO.
Goldman Sachs Asset Management raises $4bn for infrastructure deals.
Goldman Sachs Asset Management has raised $4bn for a new fund to invest in infrastructure assets globally, including energy transition, transport and logistics, Reuters reported.
The fund, called West Street Infrastructure Partners IV, closed in line with its target and was backed by institutional investors, wealthy clients and bank employees, the firm said in a statement.
The fund has already committed $2.3bn to eight companies across sectors, including Synthica Energy , a developer and operator of organic renewable gas plants.
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