Kekst CNC handles Lucid Energy Group as it agrees to be acquired by Targa Resources in a cash deal worth $3.6B.
Lucid’s New Mexico footprint overlays one of North America’s most economic crude oil and natural gas producing acreage.
Targa is a provider of services to the energy sector and ranks as a top midstream infrastructure,
Lucid is owned by Goldman Sachs Asset Management and Riverstone Holdings.
Riverstone partner Baran Tekkora said the transaction with Targa “will position Lucid for its next stage of growth, while creating enhanced opportunities for its employees, customers and communities.”
Kekst CNC has Daniel Yunger, Daniel Hoadley, Emma Cloyd and Teagan Chapman representing Lucid.
Publicis Groupe owns Kekst CNC.