AEC HOLDINGS, L.P.

Thesis

AEC HOLDINGS, L.P. is an investment firm with a primary focus on the energy sector, specifically Exploration & Production (E&P), Midstream, and Oilfield Services. The firm's investment strategy centers on direct equity investments in middle-market companies, aiming for operational value creation through a combination of financial expertise, operational insights, and business management skills. They seek to collaborate with seasoned management teams that demonstrate strong growth potential, possess sustainable competitive advantages, own high-quality assets, utilize superior proven technology, or exhibit exceptional operating capabilities. AEC HOLDINGS, L.P. engages in control or influential minority investments, with typical deal sizes ranging from $25 million to $75 million. Their transaction structures include growth financings, build-ups, structured investments, and leveraged buyouts. Geographically, the firm has shown interest in the East US, Midwest US, South US, and West US. While specific AUM for AEC HOLDINGS, L.P. is not detailed, a related entity, AEC Partners, reports $3.9 billion under management and was founded in 2017, spinning out from Avista Capital Partners. The typical check size per investment deal for AEC Partners ranges from approximately $25 million to $75 million. The firm is registered as an Exempt Reporting Adviser (ERA) with the SEC.