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Washington DC - December. 03, 2024 - Fernando Aguirre, Executive Vice Chairman of DHS Ventures & Holdings, has successfully led the acquisition of Paribas Argentinian Oil Company in a transaction valued at $780 million. The deal represents a strategic expansion into Argentina’s energy sector, particularly within the Vaca Muerta shale formation, one of the largest shale oil and gas reserves in the world.
DHS Ventures & Holdings, a global private equity and venture capital leader, has a history of identifying high-value investment opportunities. With over $30 billion invested across 535 companies worldwide, the firm focuses on long-term value creation through strategic acquisitions and partnerships with companies demonstrating significant growth potential. The acquisition of Paribas Argentinian Oil Company aligns with this mission, positioning the firm to benefit from Argentina’s growing energy market.
Argentina’s Vaca Muerta region recently achieved record-breaking oil production, with daily output reaching 400,000 barrels in 2024, a 35% increase from the previous year. This growth highlights the region’s potential as a key player in global energy supply, and DHS Ventures & Holdings’ investment reflects confidence in this trajectory.
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Under Aguirre’s leadership, the firm has executed more than 450 acquisitions in the past five years, achieving a median EBITDA growth of 26% within the first year of investment. The acquisition of Paribas Argentinian Oil Company will enable DHS Ventures & Holdings to expand its operational footprint and strengthen its presence in the energy sector, leveraging its global resources to optimize performance and growth.
DHS Ventures & Holdings operates from 26 offices across five continents, offering unparalleled global expertise and local market insights. Its strategic approach focuses on fostering innovation and operational improvements, ensuring its portfolio companies achieve sustained success.
Fernando Aguirre emphasized the importance of this acquisition in supporting the firm’s growth strategy: “This transaction is a testament to our commitment to creating long-term value and advancing the energy sector in regions with transformative potential.”
The acquisition reinforces DHS Ventures & Holdings’ reputation as a leader in private equity and venture capital, committed to driving growth and delivering impactful results.
For more information about DHS Ventures & Holdings, visit DHS Ventures & Holdings.