14 May, 2025

North Hudson to buy 30% stake in White Rock assets; Meritech funds Owner.com

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By S&P Global Market Intelligence


Deal Wrap is updated as of 3 p.m. ET.

– North Hudson Resource Partners LP affiliates agreed to acquire a 30% non-operated stake in assets from US oil and natural gas company White Rock Energy LLC. Gibson, Dunn & Crutcher LLP was North Hudson's legal adviser. Jefferies LLC was White Rock's financial adviser, and Vinson & Elkins LLP was its legal adviser.

– Meritech Sub-Management Corp. co-led a $120 million series C round for US-based restaurant marketing software developer Owner.com Inc.

– AMD Ventures co-led a $100 million series A round in US-based AI infrastructure company TensorWave Inc.

– GTCR LLC invested $200 million in preferred equity to support TELUS Health's acquisition of US employee assistance provider Workplace Options LLC.

– HitecVision AS agreed to acquire a 50% stake in Polish biogas producer Polska Grupa Biogazowa SA from TotalEnergies SE for €190 million.

Disclaimer: This content may be AI-assisted and is composed, reviewed, edited and approved by a human at S&P Global.

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