Jeremy B. Pettit

Sidley represented Pearl Energy Investments, a Texas-based investment firm with US$1.9 billion of committed capital under management, in its initial capital commitment to Voyager Midstream Holdings, a newly formed independent midstream company headquartered in Houston and Midland, Texas, to pursue the acquisition and development of crude oil, natural gas, and produced water infrastructure across key North American supply basins. The Sidley team was led by Holt Foster (Energy and Infrastructure), with assistance from Jeremy Pettit (Energy and Infrastructure), J.D. Swancoat (M&A and Private Equity), and Zackary Pullin (Tax).~~Sidley represented Pearl Energy Investments, a Texas-based investment firm with US$1.9 billion of committed capital under management, in its initial capital commitment to Voyager Midstream Holdings, a newly formed independent midstream company headquartered in Houston and Midland, Texas, to pursue the acquisition and development of crude oil, natural gas, and produced water infrastructure across key North American supply basins. The Sidley team was led by Holt Foster (Energy and Infrastructure), with assistance from Jeremy Pettit (Energy and Infrastructure), J.D. Swancoat (M&A and Private Equity), and Zackary Pullin (Tax).

Jul 25

1 min

Sidley represented Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in its agreement to provide a US$200 million strategic growth investment to TeleGuam Holdings, LLC (“GTA”). Huntsman Family Investments and its affiliates (“HFI”) will continue to be the majority owner of GTA and operate the asset. GTA is a leading digital infrastructure provider of broadband, wireless, data center, and subsea cable landing services. The Sidley team was led by partner Tim Chandler (Energy and Infrastructure), with special assistance from partner Angela T. Richards (Tax), partner-elect Jeremy B. Pettit (Energy and Infrastructure), managing associate Courtney N. Luster, and associate Molly K. Byman (both M&A). Additional assistance was provided by various Sidley team members, including counsel Marc A. Korman (Transportation), managing associate Alvin Wang (Tax), partner Joshua W. Thompson, managing associate Hiroko Ito, associate Scott Dawson (all Global Finance), partner Teresa L. Reuter, managing associate Vera M. Iwankiw, managing associate Katie Sreenan (all Labor, Employment and Immigration), partner Eric M. Winwood, managing associate Sarah K. Recktenwald (both Employee Benefits and Executive Compensation), partner Robert S. Velevis, associate Nick Greenberg (both Commercial Litigation and Disputes), partner Heather M. Palmer, associate Greta T. Carlson (both Environmental), managing associate Paul Kariyawasam (Technology and Life Sciences Transactions), counsel Ash Nagdev, and associate Sasha Hondagneu-Messner (both Privacy and Cybersecurity).~~Sidley represented Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in its agreement to provide a US$200 million strategic growth investment to TeleGuam Holdings, LLC (“GTA”). Huntsman Family Investments and its affiliates (“HFI”) will continue to be the majority owner of GTA and operate the asset. GTA is a leading digital infrastructure provider of broadband, wireless, data center, and subsea cable landing services. The Sidley team was led by partner Tim Chandler (Energy and Infrastructure), with special assistance from partner Angela T. Richards (Tax), partner-elect Jeremy B. Pettit (Energy and Infrastructure), managing associate Courtney N. Luster, and associate Molly K. Byman (both M&A). Additional assistance was provided by various Sidley team members, including counsel Marc A. Korman (Transportation), managing associate Alvin Wang (Tax), partner Joshua W. Thompson, managing associate Hiroko Ito, associate Scott Dawson (all Global Finance), partner Teresa L. Reuter, managing associate Vera M. Iwankiw, managing associate Katie Sreenan (all Labor, Employment and Immigration), partner Eric M. Winwood, managing associate Sarah K. Recktenwald (both Employee Benefits and Executive Compensation), partner Robert S. Velevis, associate Nick Greenberg (both Commercial Litigation and Disputes), partner Heather M. Palmer, associate Greta T. Carlson (both Environmental), managing associate Paul Kariyawasam (Technology and Life Sciences Transactions), counsel Ash Nagdev, and associate Sasha Hondagneu-Messner (both Privacy and Cybersecurity).

Dec 18

2 min

Sidley represented Stonepeak Infrastructure Partners in the sale of its portfolio company, WTG Midstream Holdings LLC to Energy Transfer LP (NYSE: ET) (Energy Transfer). Consideration for the transaction will be comprised of US$2.45 billion in cash and approximately 50.8 million newly issued Energy Transfer common units. The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. WTG provides comprehensive midstream services including wellhead gathering, intra-basin transportation, and processing services. The company’s 6,000-mile pipeline network serves significant operators in some of the most active areas of the Midland Basin in West Texas. The Sidley team was led by Tim Chandler (Energy and Infrastructure), Jeremy Pettit (Energy and Infrastructure), Chanse Barnes (Energy and Infrastructure), Jack Zeringue (M&A), Ellen Heighten (M&A), and Alex Thompson (Energy and Infrastructure). The Sidley team also included Alexander Csordas (Capital Markets), Gregory Marrs (M&A and Private Equity), Heather Palmer (Environmental), Angela Richards (Tax), Laura Collins (Litigation), Aaron Mitchell (Tax), Zach Johnston (M&A and Private Equity), Kunal Jhaveri (Litigation), Emily Eng (Energy and Infrastructure), and Lucy Li (Energy and Infrastructure).~~Sidley represented Stonepeak Infrastructure Partners in the sale of its portfolio company, WTG Midstream Holdings LLC to Energy Transfer LP (NYSE: ET) (Energy Transfer). Consideration for the transaction will be comprised of US$2.45 billion in cash and approximately 50.8 million newly issued Energy Transfer common units. The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. WTG provides comprehensive midstream services including wellhead gathering, intra-basin transportation, and processing services. The company’s 6,000-mile pipeline network serves significant operators in some of the most active areas of the Midland Basin in West Texas. The Sidley team was led by Tim Chandler (Energy and Infrastructure), Jeremy Pettit (Energy and Infrastructure), Chanse Barnes (Energy and Infrastructure), Jack Zeringue (M&A), Ellen Heighten (M&A), and Alex Thompson (Energy and Infrastructure). The Sidley team also included Alexander Csordas (Capital Markets), Gregory Marrs (M&A and Private Equity), Heather Palmer (Environmental), Angela Richards (Tax), Laura Collins (Litigation), Aaron Mitchell (Tax), Zach Johnston (M&A and Private Equity), Kunal Jhaveri (Litigation), Emily Eng (Energy and Infrastructure), and Lucy Li (Energy and Infrastructure).

May 29

2 min

Stonepeak’s agreement to provide a US$200 million strategic growth investment to TeleGuam Holdings, LLC has been shortlisted in the “Digital Infrastructure Mid-Market Deal” category at the TMT M&A Awards USA 2024, hosted by TMT Finance. The annual TMT M&A USA Awards “celebrate the year’s landmark deals in digital infrastructure.” Sidley represented Stonepeak in the agreement. The Sidley team was led by partner Tim Chandler (Energy and Infrastructure), with special assistance from partner Angela T. Richards (Tax), partner Jeremy B. Pettit (Energy and Infrastructure), managing associate Courtney N. Luster, and associate Molly Homann (both M&A). Additional assistance was provided by various Sidley team members, including counsel Marc A. Korman (Transportation), managing associate Alvin Wang (Tax), partner Joshua W. Thompson, senior managing associate Hiroko Ito, associate Scott Dawson (all Global Finance), partner Teresa L. Reuter (Labor, Employment and Immigration), partner Eric M. Winwood, managing associate Sarah K. Recktenwald (both Employee Benefits and Executive Compensation), partner Robert S. Velevis, associate Nick Greenberg (both Commercial Litigation and Disputes), partner Heather M. Palmer, associate Greta T. Carlson (both Environmental), managing associate Paul Kariyawasam (Technology and Life Sciences Transactions), counsel Ash Nagdev, and associate Sasha Hondagneu-Messner (both Privacy and Cybersecurity). Winners will be announced at an awards ceremony in New York on September 26, 2024.~~Stonepeak’s agreement to provide a US$200 million strategic growth investment to TeleGuam Holdings, LLC has been shortlisted in the “Digital Infrastructure Mid-Market Deal” category at the TMT M&A Awards USA 2024, hosted by TMT Finance. The annual TMT M&A USA Awards “celebrate the year’s landmark deals in digital infrastructure.” Sidley represented Stonepeak in the agreement. The Sidley team was led by partner Tim Chandler (Energy and Infrastructure), with special assistance from partner Angela T. Richards (Tax), partner Jeremy B. Pettit (Energy and Infrastructure), managing associate Courtney N. Luster, and associate Molly Homann (both M&A). Additional assistance was provided by various Sidley team members, including counsel Marc A. Korman (Transportation), managing associate Alvin Wang (Tax), partner Joshua W. Thompson, senior managing associate Hiroko Ito, associate Scott Dawson (all Global Finance), partner Teresa L. Reuter (Labor, Employment and Immigration), partner Eric M. Winwood, managing associate Sarah K. Recktenwald (both Employee Benefits and Executive Compensation), partner Robert S. Velevis, associate Nick Greenberg (both Commercial Litigation and Disputes), partner Heather M. Palmer, associate Greta T. Carlson (both Environmental), managing associate Paul Kariyawasam (Technology and Life Sciences Transactions), counsel Ash Nagdev, and associate Sasha Hondagneu-Messner (both Privacy and Cybersecurity). Winners will be announced at an awards ceremony in New York on September 26, 2024.

Aug 9

2 min

Sidley is representing Pretium Partners, LLC, in its agreement to acquire BH Management Services, a property management platform in multi-family, student, and single-family housing. Pretium is a specialized investment firm with more than US$50 billion in assets under management. The deal will enable Pretium to expand its footprint and residential real estate services while also continue providing diverse housing options for its clients. The transaction is expected to close early in the second quarter. The Sidley team is being led by Elizabeth Fries (Investment Funds) and Karen A. Dewis and Matthew D. Stoker (M&A), and includes Jeremy B. Pettit, Amanda M. Patterson, Ashley S. Rogers, Kendall E. Bernard, and Charles S. Warden Jr. (M&A); Keith Del Prete, Jonathan H. Koh, and Natasha Gunasekara Garber (Real Estate); Andrew R. Holland and Scott J.F. Goldstein (Insurance); Carrie Mahan, Vadim M. Brusser, and Nicole Booth (Antitrust and Competition); Stacy Crosnicker (Employee Benefits and Executive Compensation); Cathryn Le Regulski and Sara E. Salmonson (Labor and Employment); Jim Ducayet (Commercial Litigation); Kelly M. Dybala (Global Finance); E. Kyle Barnett (Technology and Life Sciences Transactions); Thomas D. Cunningham (Privacy and Cybersecurity); and Heather Palmer and Greta T. Carlson (Environmental).~~Sidley is representing Pretium Partners, LLC, in its agreement to acquire BH Management Services, a property management platform in multi-family, student, and single-family housing. Pretium is a specialized investment firm with more than US$50 billion in assets under management. The deal will enable Pretium to expand its footprint and residential real estate services while also continue providing diverse housing options for its clients. The transaction is expected to close early in the second quarter. The Sidley team is being led by Elizabeth Fries (Investment Funds) and Karen A. Dewis and Matthew D. Stoker (M&A), and includes Jeremy B. Pettit, Amanda M. Patterson, Ashley S. Rogers, Kendall E. Bernard, and Charles S. Warden Jr. (M&A); Keith Del Prete, Jonathan H. Koh, and Natasha Gunasekara Garber (Real Estate); Andrew R. Holland and Scott J.F. Goldstein (Insurance); Carrie Mahan, Vadim M. Brusser, and Nicole Booth (Antitrust and Competition); Stacy Crosnicker (Employee Benefits and Executive Compensation); Cathryn Le Regulski and Sara E. Salmonson (Labor and Employment); Jim Ducayet (Commercial Litigation); Kelly M. Dybala (Global Finance); E. Kyle Barnett (Technology and Life Sciences Transactions); Thomas D. Cunningham (Privacy and Cybersecurity); and Heather Palmer and Greta T. Carlson (Environmental).

Mar 1

2 min