Presidio Mandates Goldman Sachs' Affiliate For Up To $1B Potential Acquisition Financing

Presidio Investment Holdings LLC ("Presidio" or the "Company"), a differentiated oil and gas operator focused on the acquisition and optimization of mature, producing oil and natural gas assets in the United States, and EQV Ventures Acquisition Corp. (NYSE:FTW) ("FTW"), a special purpose acquisition company sponsored by EQV Group, today announced that Presidio has mandated an affiliate of Goldman Sachs (NYSE:GS) to arrange up to $1.0 billion  in potential acquisition financing for Presidio following the completion of its business combination.

Goldman Sachs Bank USA with one or more of its affiliates is expected to serve as sole lead arranger, structuring agent and syndication agent in up to $1.0 billion of potential acquisition financing (the "Facility"). The parties have reached commercial agreement on certain high-level terms for the Facility. The closing of the Facility remains subject to the negotiation and execution of terms and definitive transaction agreements, future acquisitions of producing properties, and is subject to acquisition diligence and funding and other relevant approvals, and customary closing conditions.