Crescent Energy to acquire Vital Energy for $3.1B
Crescent Energy Company and Vital Energy, Inc. announced that they have entered into a definitive agreement (the “Merger Agreement”) pursuant to which Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1 billion, inclusive of Vital’s net debt. The transaction will establish a top 10 independent with a consistent and free cash flow […]
NTE to join Atlas Copco Group
National Tank & Equipment, LLC, an American specialty rental company, will become part of Atlas Copco Group. The company is located in Houston, Texas, and has 310 full-time employees. NTE is a specialty rental provider of fluid transfer and storage solutions. NTE’s rental services and capabilities include the design of engineered fluid-transfer solutions (pumps and accessories), […]
What sellers should know about reps and warranties
By: JEREMY OSTERBERGER, President and COO, BIC Alliance When you sell your company, you likely focus on price, transition terms, noncompetes and closing logistics. But one critical element often flies under the radar: representations and warranties — often called “reps and warranties” or simply “reps.” These are factual statements sellers make about operations, assets, liabilities, legal compliance, […]