| Deal Structure and Party Summary | ||
|---|---|---|
| Deal Structure | Private Target Merger | |
| Acquirer | Falcon Minerals Corporation | |
| Public | Yes | |
| Industry | Energy & Natural Resources | |
| Private equity sponsorship | No | |
| Target | Desert Peak Minerals | |
| Public | No | |
| Industry | Energy & Natural Resources | |
| Private equity sponsorship(s) | No | |
| Key Transaction Characteristics and Terms | ||
|---|---|---|
| Status | Pending | |
| Announcement date | January 12, 2022 | |
| Transaction value | $1.9 billion | |
| Form of consideration | Equity | |
| Type of merger | Reverse Triangular | |
| Go-Shop/No-Shop Terms | ||
|---|---|---|
| No-Shop Provision | Yes | |
| Go-shop Provision | No | |
| Transaction Advisors | ||
|---|---|---|
| Seller / Target Counsel | ||
| Law firm #1 | Vinson & Elkins LLP | |
| Individual attorney(s) |
Douglas E. McWilliams; Benjamin Barron |
|
| Acquirer Counsel | ||
| Law firm #1 | Latham & Watkins | |
| Individual attorney(s) |
Nick S. Dhesi; William N. Finnegan IV; Ryan J. Lynch |
|
| Law firm #2 | White & Case LLP | |
| Individual attorney(s) | Steven R. Tredennick | |
| Acquirer Financial Advisors | ||
| Financial advisor #1 | Houlihan Lokey Capital, Inc. | |
| Financial advisor #2 | Barclays | |