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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.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
Trailrunner International is handling Axum Capital Partners’ move to acquire a controlling interest in BARCODE, a performance hydration brand, in partnership with NBA All-Star Victor Wembanyama.
Alpha IR and Alpha Advisory Group represent McKinley Acquisition Corp. as it plans to take hostile drone spotter and destroyer Space-Eyes public via a SPAC deal valued at $370M.
FGS Global keeps its position at the top of the heap in Mergermarket’s rankings of the top PR advisors in M&A deals for 1H26.
