Bonnett's Energy completes its C$117 million sale to BEC Acquisition Ltd.

Date Closed: 11/04/2013

Value: C$117 million

BLG represented Bonnett’s Energy Corp. in connection with its sale to BEC Acquisition Ltd., a wholly-owned subsidiary of Mill City Capital, L.P., the lead sponsor of a syndicate of funds comprising an investor group, with participation by certain members of Bonnett’s management in a transaction having an enterprise value of approximately C$117 million.

BLG's team was led by Kent Kufeldt and included Michael Waters, Sonia Molodecky, Peter Newman, Ryan Laity, Randy Morphy, Kim Maguire and John Blair.