Kirkland Represents EQV Ventures Acquisition on Business Combination with Presidio Petroleum
Kirkland & Ellis advised EQV Ventures Acquisition Corp., a special purpose acquisition company sponsored by EQV Group, on a definitive business combination agreement with Presidio Investment Holdings, LLC, a differentiated oil and gas operator focused on the optimization of mature, producing oil and natural gas assets in the United States. The proposed business combination will result in Presidio becoming a publicly listed company with an expected listing on the New York Stock Exchange under the ticker “FTW,” reflecting Presidio's roots in Fort Worth, Texas, where it is headquartered. The combined company is expected to have an estimated post-transaction enterprise value of approximately $660 million, including assets acquired pursuant to the transaction.
The Kirkland team included corporate lawyers Bill Benitez, Michael Cline and Brennon Nelson; capital markets lawyers Julian Seiguer and Billy Vranish; tax lawyers David Wheat and Jon Nelsen; debt finance lawyers Lucas Spivey and James Bedotto; real asset transactions lawyers Chad Smith and Albert Jou; and executive compensation lawyers Stephen Jacobson and Stephanie Jeane.
