Acquiring Company
EagleRock Land
Acquired Company
Intrepid Ranch
Description
EagleRock Land, LLC has acquired Intrepid Ranch, comprising about 50,000 surface acres, from Hydrosource Logistics LLC. The total purchase price for this acquisition is $78.2 million. This deal was financed through a mix of cash and borrowings from EagleRock's credit facility. The acquisition aligns with EagleRock's strategic objectives in surface land management.
M&A Insights
Based on deal dataFrequently asked
Who acquired Intrepid Ranch?
Intrepid Ranch was acquired by EagleRock Land, based in United States. The deal was reported on August 10, 2026. EagleRock Land, LLC is a Texas-based company primarily operating in the land development sector. EagleRock Land is publicly traded (EROK) and operates in Real Estate.
When did EagleRock Land acquire Intrepid Ranch?
EagleRock Land's acquisition of Intrepid Ranch was reported on August 10, 2026. EagleRock Land, LLC has acquired Intrepid Ranch, comprising about 50,000 surface acres, from Hydrosource Logistics LLC. The total purchase price for this acquisition is $78.2 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Intrepid Ranch do?
Intrepid Ranch comprises approximately 50,000 surface acres. It is involved in land utilization in the energy sector. The ranch is located within the vicinity of key oil-producing regions. Specific operational focuses were not detailed in the announcement. It is privately held, operating in Energy.