Investments
15Portfolio Exits
2Funds
3Service Providers
1About White Deer Energy
White Deer Energy is an energy private equity firm focused on the exploration and production, oilfield service and equipment manufacturing, and midstream sectors of the oil and gas industry. With $2.2 billion of capital commitments across two private equity funds, White Deer Energy L.P. II is a long-term investor targeting equity investments of $50 to $150 million. With offices in Houston and New York, White Deer Energy has a combination of industry expertise and capital that makes it an attractive partner for rapidly growing energy companies.
Want to inform investors similar to White Deer Energy about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest White Deer Energy News
Dec 16, 2020
News provided by Share this article DENVER, Dec. 16, 2020 /PRNewswire/ -- FMI is pleased to announce that Renewable Energy Infrastructure Group's electric vehicle infrastructure design-build business ("EV Infrastructure" or "the Company") has been acquired by White Deer Energy ("White Deer"). FMI Capital Advisors served as the exclusive financial advisor to EV Infrastructure and Renewable Energy Infrastructure Group, a portfolio company of funds managed by Oaktree Capital Management, L.P., for this transaction. (PRNewsfoto/FMI Corporation) EV Infrastructure is a leading provider of electric vehicle infrastructure engineering and construction services, primarily to commercial fleet operators. Founded in 2012, the Company is focused on the engineering and construction of level 2 and level 3 high power fast-charging stations, which typically serve utility, commercial and municipal applications. EV Infrastructure is an experienced provider of turnkey electric vehicle infrastructure installation solutions from inception to commissioning, which includes design/consulting in the planning phase to installation management services in the execution phase. Meghan Leggett, Principal at White Deer, commented, "As a first mover in the space, EV Infrastructure has distinguished itself as the premier EV charging infrastructure design and build company. We look forward to partnering with Kelly [Fishback] and the EV Infrastructure team in supporting the Company's future growth." "We have experienced tremendous growth over the past several years and are proud of the team and infrastructure we have built," said Kelly Fishback, CEO of EV Infrastructure. "We look forward to partnering with White Deer to continue this growth by increasing our presence in existing markets and expanding into new states." About EV Infrastructure: Founded in 2012 and located in Costa Mesa, California, EV Infrastructure is a leading provider of electric vehicle infrastructure engineering and construction services, primarily to commercial fleet operators. With over 1,000 charging points installed, EV Infrastructure has been a key partner to many of the largest constituents in the EV marketplace. For more, visit https://www.evidb.com/ . About White Deer Energy: White Deer is a middle market private equity firm that invests in companies participating in the supply chain that supports the energy, industrials and infrastructure sectors. The firm relies on a thematic, research-based investment approach and deep industry knowledge to create sustained value for its companies, investment partners and employees. The firm, which is based in Houston and New York, has raised in excess of $2.7 billion of committed capital since its founding in 2008. For more, visit http://www.whitedeerenergy.com/ . About FMI Capital Advisors: FMI Capital Advisors, a subsidiary of FMI Corporation, is a leading investment banking firm dedicated to the Built Environment. With more than 750 completed M&A transactions, FMI's industry focus enables us to maximize value for clients through deep market knowledge, strong technical expertise, and an unparalleled network of industry relationships. FMI Capital Advisors' Energy Solutions & Cleantech Group provides M&A advisory and capital formation services for companies in the energy solutions and cleantech industry. FMI Capital Advisors' Contractor & Construction Services is a dedicated general contractor group, specializing in M&A and capital formation services for emerging growth and midmarket companies. For more, visit www.fminet.com/investment-banking .
White Deer Energy Investments
15 Investments
White Deer Energy has made 15 investments. Their latest investment was in LongPath as part of their Series A - II on February 2, 2023.
White Deer Energy Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/1/2023 | Series A - II | LongPath | $13M | No | 1 | |
12/5/2022 | Series A | LongPath | $22M | Yes | Buff Gold Ventures, ProFrac, Undisclosed Investors, White Deer Energy, and Williams | 4 |
1/10/2022 | Private Equity | Fortress Power | Yes | 3 | ||
1/7/2011 | Private Equity | |||||
9/23/2010 | Private Equity |
Date | 2/1/2023 | 12/5/2022 | 1/10/2022 | 1/7/2011 | 9/23/2010 |
|---|---|---|---|---|---|
Round | Series A - II | Series A | Private Equity | Private Equity | Private Equity |
Company | LongPath | LongPath | Fortress Power | ||
Amount | $13M | $22M | |||
New? | No | Yes | Yes | ||
Co-Investors | Buff Gold Ventures, ProFrac, Undisclosed Investors, White Deer Energy, and Williams | ||||
Sources | 1 | 4 | 3 |
White Deer Energy Portfolio Exits
2 Portfolio Exits
White Deer Energy has 2 portfolio exits. Their latest portfolio exit was O-Tex Pumping on October 26, 2017.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/26/2017 | Acquired | 1 | |||
Date | 10/26/2017 | |
|---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
White Deer Energy Acquisitions
10 Acquisitions
White Deer Energy acquired 10 companies. Their latest acquisition was EV Infrastructure on November 12, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/12/2020 | Acq - Fin | 1 | ||||
9/18/2020 | Seed / Angel | Acq - Fin | 1 | |||
10/24/2019 | Acq - Fin | 1 | ||||
4/17/2018 | ||||||
9/9/2016 |
Date | 11/12/2020 | 9/18/2020 | 10/24/2019 | 4/17/2018 | 9/9/2016 |
|---|---|---|---|---|---|
Investment Stage | Seed / Angel | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | Acq - Fin | Acq - Fin | ||
Sources | 1 | 1 | 1 |
White Deer Energy Fund History
3 Fund Histories
White Deer Energy has 3 funds, including White Deer Energy III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/1/2019 | White Deer Energy III | REAL Assets | Closed | $557M | 1 |
2/28/2013 | White Deer Energy Fund II LP | ||||
12/31/2011 | White Deer Energy Fund LP |
Closing Date | 2/1/2019 | 2/28/2013 | 12/31/2011 |
|---|---|---|---|
Fund | White Deer Energy III | White Deer Energy Fund II LP | White Deer Energy Fund LP |
Fund Type | REAL Assets | ||
Status | Closed | ||
Amount | $557M | ||
Sources | 1 |
White Deer Energy Service Providers
1 Service Provider
White Deer Energy has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Acq - Fin | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | Acq - Fin |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
White Deer Energy Team
3 Team Members
White Deer Energy has 3 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Ben Guill | Founder | Current | |
Name | Ben Guill | ||
|---|---|---|---|
Work History | |||
Title | Founder | ||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
