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Joele Frank is working for Baton Rouge’s Bernhard Capital Partners as it acquires New Mexico Gas Co. from Halifax-headquartered Emera Inc.
The $1.3B deal includes assumption of about $500M in debt.
Emera acquired NMGC, which is the largest natural gas facility in The Land of Enchantment, in 2016.
It has invested about $800M to boost the reliability of its 12K miles of transmission and distribution pipeline network, and to promote growth in its 545K customer base.
Jeff Jenkins, BCP’s founder/partner, said the NMGC transacrtion “aligns with his strategy to invest in infrastructure assets and utilities that are critical in building more resilient communities.”
BCP has more than $4B in assets under management.
Joele Frank, Wilkinson Brimmer Katcher’s Ed Trissel and Erik Carlson represents BCP.
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.
