Diversified Announces Accretive Acquisition Of Birch
DEC•Diversified Energy announces acquisition of Birch
Diversified Energy Co. said it is acquiring Birch in a deal valued at $1.80 billion, primarily funded by a $1.50 billion asset-backed securitization.
The acquisition is subject to a $50 million break fee and is expected to close in Q4 2026.
Diversified said the deal is expected to increase production by about 35% and adjusted EBITDA by about 55%, and to add $548 million in annualized adjusted EBITDA.
