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Juniper Capital

Company Summary

Description

Founded in 2003, Juniper Capital is an energy investment firm based in Houston, Texas. Juniper targets small to middle market private investment opportunities requiring between $25 million and $75 million of equity capital in the North American upstream sector.

Website

http://www.juncap.com/

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Recent news

Company Transactions

Date: 3/31/2021
Type: Acquisition

BUYERS:
  • Juniper Capital
    • SELLERS:
  • Ranger Oil Corporation
    • DETAILS:

    COST: 188.4 $MM

    NOTES:
    Juniper Capital Advisors is making a strategic investment into E&P firm Penn Virginia which totals $188.4 million. The deal includes $150 million in cash at $8.75/share, marking a 13% premium to the firms current share price. They are also contributing complimentary oil & gas interests in exchange for a 4.96 million equity interest in a Penn Virginia subsidiary (in an up-C structure) at closing, valued at $38.4 million. Upon closing in 1Q21, Juniper will hold a 59% stake in Penn Virginia and has a six-month restriction on selling any equity securities in the firm.
    REGIONS:
  • Eagle Ford