In the US oil & gas industry, there were 13 private equity deals announced in Q2 2023, worth a total value of $2.8bn, according to GlobalData’s Deals Database. The $1.8bn institutional buy-out (ibo) purewest energy by A.G. Hill Partners, Cain Capital, Eaglebine Capital Partners, Fortress Investment Group, HF Capital, Petro-Hunt and Wincoram Asset Management was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, private equity deal activity in The US decreased by 67% in Q2 2023 compared with the previous quarter’s total of $8.6bn and fell by 35% as compared to Q2 2022. Related deal volume increased by 44% in Q2 2023 versus the previous quarter and was 24% lower than in Q2 2022.

The top-ranked financial advisors supporting these private equity deals in The US in Q2 2023 were Evercore; Goldman Sachs Group; Guggenheim Partners with 2, 2, 2 deals respectively.

The top-ranked legal advisorss supporting these private equity deals in The US Q2 2023 were Kirkland & Ellis; Vinson & Elkins; Sidley Austin with 7, 3, 2 deals respectively.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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