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Joele Frank handles Southwestern Energy Co. as its agrees to merge with Chesapeake Energy Corp in an all-stock deal valued at $7.4B that creates the largest natural gas producer in the US.
Chesapeake CEO Nick Dell’Osso said the combination forms “the first U.S. based independent that can truly compete on an international scale.”
He said the deal allows the partners “to deliver more natural gas at a lower cost, accelerating America's energy reach and fueling a more affordable, reliable and lower carbon future.”
Bill Way, Southwestern CEO, said shareholders will be “able to participate in the substantial value creation and future growth opportunities of the combined company, with one of the top shareholder return frameworks in the sector.”
The Chesapeake/Southwestern merger is the first major natural gas deal in the wave of US energy consolidation that has focused on oil companies.
More gas deals are anticipated as Chesapeake and Southwestern account for only seven percent of US gas production.
Joele Frank, Wilkinson Brimmer Katcher’s Andrew Siegel and Jed Repko represent Southwestern.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
