A partner in the Capital Markets Group, Billy Vranish focuses his practice on equity and debt offerings for energy, infrastructure and natural resources clients, as well as corporate governance and securities law compliance. Billy regularly represents issuers and underwriters in a broad range of capital markets transactions, including initial public offerings, high-yield notes offerings, debt exchanges and tender offers, follow-on equity offerings, preferred unit offerings and at-the-market programs. He also advises public and private companies on mergers and acquisitions.
Billy’s representative experience includes:
- Arena Fortify Acquisition Corp. in its $150 million initial public offering
- Alamo Frac Holdings:
- and its operating subsidiary Alamo Pressure Pumping on the carveout sale of their pressure pumping business to NexTier Oilfield Solutions for $268 million in cash and newly issues shares of NexTier stock, plus earn-out
- and its operating subsidiary, Alamo Borden County IV, in its sale of oil and gas properties in the Permian Basin to HighPeak Energy for $201 million in cash and newly issued shares of HighPeak stock
- Atlas Technical Consultants in its acquisition by funds managed by GI Partners in an all-cash transaction valued at approximately $1.05 billion
- Atrium Hospitality in its business combination with Alpine Acquisition Corp.
- Blackstone:
- in its $1.9 billion all-stock merger of Desert Peak Minerals and Falcon Minerals
- in its $4.8 billion all-stock merger of Sitio Royalties and Brigham Minerals
- in its $4.1 billion all-equity merger of Sitio Royalties with Viper Energy
- secondary offering of $92.5 million of shares of Altus Power common stock
- Blackstone Energy Partners in its sale of Ulterra Drilling Technologies to Patterson-UTI Energy
- Blackstone Credit in Altus Power’s $1.58 billion combination with CBRE Acquisition Holdings
- Bluescape Energy Partners in its purchase of $60 million of convertible senior secured notes from 5E Advanced Materials
- Callon Petroleum in its $600 million offering of 7.50% senior unsecured notes
- Crescent Energy Company in its $3.1 billion all-stock acquisition of Vital Energy
- Devon Energy Corporation in its offering of $2.25 billion in senior notes
- Diamondback Energy in its acquisition of all leasehold interest and related assets of Lario Permian and certain associated sellers in exchange for 4.18 million shares of Diamondback common stock and $850 million of cash
- EQV Ventures Acquisition Corp. in its:
- $660 million business combination with Presidio Investment Holdings to form Presidio Production Co.
- $350 million initial public offering
- EQV Ventures Acquisition Corp. II in its upsized $460 million initial public offering
- Global Partner Acquisition Corp II in its business combination with Stardust Power for a pro forma enterprise value of $447.5 million
- Infinity Natural Resources in its $1.2 billion joint acquisition of upstream and midstream assets in Ohio with Northern Oil and Gas from Antero Resources Corporation and Antero Midstream Corporation
- Legence:
- in its $825.7 million initial public offering, including the partial exercise of the underwriters’ overallotment option
- and Blackstone in an aggregate $1.2 billion secondary offerings of Legence Class A common stock by Blackstone
- Lime Rock Resources IV in its $100 million sale of Central Basin Platform assets to Ring Energy
- Lux Vending (d/b/a Bitcoin Depot) in its business combination with GSR II Meteora Acquisition Corp.
- Magnolia Oil & Gas in its:
- offering of $400 million in senior notes
- secondary offerings of Class A common stock by certain affiliates of EnerVest
- Olympus Energy in its $1.8 billion sale of upstream and midstream assets to EQT Corporation
- Southwestern Energy Company and selling stockholders in a secondary offering of $328 million of common stock
- Swiftmerge Acquisition Corp. in its $200 million initial public offering
- Team in the private placement of preferred stock and warrants to affiliates of Stellex Capital Management for up to $105 million of proceeds
- W&T Offshore in the issuance of $275 million in aggregate principal amount of senior second lien notes
