ArcLight Acquired by DigitalBridge | Energy M&A Deal

DigitalBridge has acquired ArcLight, a energy services other business in New York, for $1.05bn. DigitalBridge acquisitions are focused on expanding energy M&A capabilities through ArcLight acquisition in the US energy services market. ArcLight operates in energy services other, supporting infrastructure and services demand that aligns with DigitalBridge’s platform acquisition strategy in NY acquisitions. The announced platform acquisition is structured as a private equity acquisition with $650 million base purchase price plus up to $400 million contingent consideration, totaling $1.05bn.