Paul Hastings Advises Carlyle in Asset-Backed Financing of Diversified Energy’s $1.8 Billion Acquisition of Birch
Paul Hastings LLP advised Carlyle in connection with their asset-backed securitization financing of approximately $1.5 billion for Diversified Energy Company’s acquisition of Birch Permian Holdings Inc., a leading independent oil and gas producer with operations in the Permian Basin, from affiliates of Elliott Investment Management L.P. The acquisition, valued at approximately $1.8 billion, is expected to close during the fourth quarter of 2026, subject to customary closing conditions.
Private Equity partner Ryan LaForce led the Paul Hastings team, which included Asset-Backed Finance co-chair Shawn Kodes.
About Paul Hastings
With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.
Paul Hastings LLP advised Carlyle in connection with their asset-backed securitization financing of approximately $1.5 billion for Diversified Energy Company’s acquisition of Birch Permian Holdings Inc., a leading independent oil and gas producer with operations in the Permian Basin, from affiliates of Elliott Investment Management L.P. The acquisition, valued at approximately $1.8 billion, is expected to close during the fourth quarter of 2026, subject to customary closing conditions.
Private Equity partner Ryan LaForce led the Paul Hastings team, which included Asset-Backed Finance co-chair Shawn Kodes.
With widely recognized elite teams across 18 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world's leading investment banks, asset managers and corporations.