Latham & Watkins Advises on Private Credit Financing for Blackstone’s Acquisition of Enverus
Blackstone (NYSE: BX) has announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital. Terms of the transaction were not disclosed. The transaction is expected to close by the end of the year, subject to customary conditions.
Latham & Watkins LLP represented the financing sources supporting the acquisition with a private credit team led by partners Alfred Xue, Paul Bonewitz, Stelios Saffos, Brandon Anderson, Jesse Sheff, Michael Waldman, and Brianna Oller, and counsel Seung-Ju Paik and Shahid Jamil, with associates Tulika Sinha, Katherine Webb, Julia Albrecht, Carlos Ibarguengoitia, Jason Wang, Jenny Li, and Cynthia Yang.