White Deer Energy was formed in 2008 by Thomas J. Edelman and Ben A. Guill. The firm was set up to invest in middle-market energy companies, specifically in exploration and production, oil service and equipment, and regional energy infrastructure. Investments are made principally in the United States and generally involve control or co-control. White Deer seeks to provide capital to well-established companies with strong management and significant growth potential. Importantly, after it invests, the firm seeks to work closely with management to pursue continual improvement and drive organic growth as well as growth through acquisitions. Collectively, White Deer’s five partners have more than a century of experience in energy, finance, acquisitions, direct investment and private equity.
The firm’s total committed capital exceeds $2.2 billion. White Deer targets equity investments of $50 to $150 million in companies active in oil and gas production, oil service and equipment manufacturing and midstream infrastructure. Investments will be principally in North America and will generally secure control or co-control of portfolio companies. This strategy will position White Deer to help management drive organic growth, make operational improvements and grow through acquisitions.
The firm has offices in Houston and New York.