Willkie was among a small group of honorees recognized at the 2013 IFLR Americas Awards in the category of “Private Equity Deal of the Year.” The Willkie deal team was specifically acknowledged for its successful representation of Riverstone Holdings LLC in the $7.15 billion consortium LBO of El Paso Corporation’s exploration and production units.
Willkie represented energy and power-focused private equity firm Riverstone Holdings LLC in its equity consortium arrangements as part of the consortium’s buyout of EP Energy Corporation, the oil and gas exploration and production units of El Paso Corporation. The consortium was led by Apollo Global Management and also included Access Industries. The deal, which was announced on February 24, 2012, is reported to be the second-largest private equity takeover of an energy producer.
The Willkie deal team was led by partners Bruce Herzog and Adam Turteltaub and associate Manuel Miranda.