Pennybacker Completes Acquisition of Miami LNG Business, Appoints Daniel McLaughlin President and Chief Commercial Officer
Acquiring Company
Pennybacker Capital Management
Acquired Company
Pennybacker Capital Management
AustinAustinReal EstateReal EstateDescription
Pennybacker Capital Management, LLC has successfully completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy Inc. In addition, Daniel McLaughlin has been appointed as President and Chief Commercial Officer to lead the Miami LNG business, which is strategically positioned to support the energy transition in underserved markets and poised for significant growth.
Quick answer
Pennybacker Capital Management is acquiring Pennybacker Capital Management, announced November 21, 2024. Pennybacker Capital Management is based in Austin, Texas, United States.
- How much did Pennybacker Capital Management pay for Pennybacker Capital Management?
- The deal value was not disclosed.
- Where are Pennybacker Capital Management and Pennybacker Capital Management based?
- Pennybacker Capital Management is based in Austin, Texas, United States. Pennybacker Capital Management is based in Austin, Texas, United States.
- Who are the decision-makers at Pennybacker Capital Management?
- Fundz holds 1 contact at Pennybacker Capital Management. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Pennybacker Capital Management, and when
When Pennybacker Capital Management changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Pennybacker Capital Management raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Pennybacker Capital Management?
Pennybacker Capital Management was acquired by Pennybacker Capital Management, based in Austin. The deal was reported on November 21, 2024. Pennybacker Capital Management is privately held and operates in Real Estate.
When did Pennybacker Capital Management acquire Pennybacker Capital Management?
Pennybacker Capital Management's acquisition of Pennybacker Capital Management was reported on November 21, 2024. Pennybacker Capital Management, LLC has successfully completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pennybacker Capital Management do?
It is privately held, operating in Real Estate, and is based in Austin.
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