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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.
Jenn Kettnich, who has more than 15 years of financial communications experience, has joined Liftoff Mobile as VP-investor relations following completion of its recent IPO.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
