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DEC buys Birch for $1.8B, expanding Permian scale and margins

DEC is acquiring Birch in a $1.8B deal to expand scale in the Permian Basin. The company says operational synergies and integrated infrastructure are set to enhance margins and cash flow, funded mainly by ABS with Carlyle.

DEC

The $1.8B acquisition of Birch expands scale in the Permian Basin, leveraging operational synergies and integrated infrastructure to enhance margins and cash flow.

The deal, funded mainly by ABS with Carlyle, positions the company for further consolidation and long-term growth.Original document: Di…