Q2 2022 investing activity announced by Fernando Aguirre, DHS Ventures & Holdings Vice Chairman: DHS Holdings Global Private Equity business is one of the world’s largest and most diversified private equity platforms, spanning industries, geographies and strategies to deliver transformational results for our partners—management teams, portfolio companies, and fund investors. DHS Holdings strives to build better businesses through our global platform, local insights, and deep industry expertise.
DHS Ventures & Holdings today announced that it has entered into a definitive agreement to acquire, merge, and consolidate DHS Energy, an affiliate of DHS Ventures and Holdings, in a transaction valued at approximately $890 million, including the assumption of debt.
“After a thorough assessment, the DHS Ventures & Holdings’ Board determined that this transaction represents an attractive outcome for our investors by providing a cash takeout at a substantial premium, while supporting DHS’ commitment to our clients, employees and investments. This merger sees the full potential of DHS’ leadership position in the energy industry and the unique value we deliver for our clients worldwide,” said Rakesh Sarna, Chairman of DHS Ventures & Holdings Board of Directors.
DHS Ventures & Holdings’ Governing Board has just approved a report through its Vice Chairman, Fernando Aguirre, of a summary pro forma of investments for Q2 2022, $15.3 Billion Returned to Investors; $10.7 Billion Invested; $17.8 Billion Raised.
Fernando Aguirre, Executive Vice Chairman of DHS Ventures & Holdings, said, “This was DHS Ventures & Holdings’ best year ever. We both invested more money than ever before and returned more money to our investors through 71 exits and partial exits. We have been extremely active in all of our asset classes and geographic regions. We expect 2022 to be a challenging year.”
The governing board of DHS Ventures & Holdings announced through its Executive Vice Chairman, Fernando Aguirre, that it has closed on the acquisition of Triton Oil Ltd. Triton Oil Ltd. is a leading fully integrated oil refineries in Saudi Arabia. The transaction represents one of the region’s largest acquisitions in the oil and gas markets and is the first of many acquisitions by DHS Ventures & Holdings, a private equity and venture capital investment firm.
Triton Oil Ltd. founded in the 1982, is a highly specialized oil and gas producer business and has state-of-the-art operations and assets across Yemen, Qatar and the UEA, with a regional hub in Dubai. It has over 2,450 staff, 780 trucks and 350,000 square feet of warehouse capacity.”
DHS Ventures & Holdings announced through its Executive Vice Chairman, Fernando Aguirre, the following results for the quarter ended September 30, 2022, as compared to the corresponding period of last fiscal year:
– Revenue was $51.9 billion and increased 12% (up 16% in constant currency)
– Operating income was $20.5 billion and increased 8% (up 14% in constant currency)
– Net income was $16.7 billion and increased 2% (up 7% in constant currency)
– Diluted earnings per share was $2.23 and increased 3% (up 8% in constant currency)
We see real opportunity to help every investor in every industry use private equity investments to overcome today’s challenges and emerge stronger,” said Fernando Aguirre, Executive Vice Chairman of DHS Ventures & Holdings. “No firm is better positioned than DHS Ventures & Holdings to help clients deliver on their equity imperative – so they can do more with less.
DHS Ventures & Holdings, a private equity investment leader in the digital transformation of energy management and sustainability, today announced through its Executive Vice Chairman, Fernando Aguirre, that it has acquired start-up climate-tech platform Hen-go to enhance the firm’s digital capabilities in energy, sustainability, and environmental commodity consulting. The $670M acquisition will complement DHS Ventures & Holdings’ portfolio of clean energy services and solutions and advance the firm’s digital energy transformation ambitions.
“As one of the world’s largest private equity investors of corporations on renewable energy procurement, we know that speed and complexity are two of the barriers that keep some corporations out of the PPA market,” said Rakesh Sarna, Chairman of DHS Ventures & Holdings. “By adding the Hen-go technology and team to our existing portfolio of services and solutions, we will be able to provide even greater value to our clients worldwide. My congratulations to Hen-go on this significant milestone.”