
Theodore J. Belden

Trammell Crow Center
2001 Ross Avenue
Suite 3900
Dallas, Texas 75201

Ted’s legal practice focuses on mergers and acquisitions and private equity. He advises private equity funds, other financial sponsors, portfolio companies and a variety of public and private companies in connection with a wide range of strategic transactions, including mergers and acquisitions, divestitures, leveraged buyouts, joint ventures, preferred equity financings, as well as on general corporate matters.
Experience Highlights
True Blue Car Wash and Goldman Sachs, in its capacity as the lead investor in True Blue, in connection with the sale of True Blue to Alimentation Couche-Tard Inc.
Bonanza Creek Energy in its $376 million acquisition of HighPoint Resources Corporation
Tumbleweed Royalty IV, LLC, a royalty company backed by EnCap Investments, and Tumbleweed Royalty II, LLC, a royalty company backed by Quantum Capital Group, in the sale of 100% of their equity interests to Viper Energy Partners, LLC, a subsidiary of Viper Energy, Inc. for $461 million in cash and approximately 10.1 million units
Riata Capital Group in its strategic investment in Salon Republic, the leading operator of company-owned salon suites
Goldman Sachs Group in its lead investment in the Series A preferred stock financing of PLACE, a leading technology and business services platform for real estate agents
Large investment manager in connection with its role as the lead investor in a continuation vehicle sponsored by an energy-focused private equity fund with a portfolio of offshore oil & gas assets (ongoing)
Pennington Creek Capital, LLC, the investment branch of the Chickasaw Nation, in connection with the acquisition of RITR Holding Company LLC
Hartree Partners in its purchase of the limited partner interests of Sprague Resources from public unitholders
Caelus Natural Resources Alaska, a portfolio company of Apollo Global Management, in the sale of 100 percent of the Nuna discovery, located near the Oooguruk Field in Alaska, to ConocoPhillips Alaska
Goldman Sachs in its lead investment in the $32 million Series A preferred stock financing of Entera, developer of a real estate technology platform intended to support data-driven decisions and purchases related to residential real estate
Apollo Global Management in connection with Apollo Funds and Vitol agreeing to provide a structured debt and equity financing to WattEV, an industry leader in heavy-duty freight electrification providing end-to-end solutions to customers through the development of electric charging infrastructure and provisioning of electric vehicle trucks
Riverstone Holdings (i) as lead investor in the $80 million Series D funding and (ii) as an investor in a $30 million additional growth capital round of Infinitum Electric, creator of the sustainable, breakthrough air-core motor
Goldman Sachs in its lead investment in the $55 million Series D preferred stock financing of Distributed Creation Inc. (dba Splice), a cloud-based music creation and collaboration platform
Morita Ranches Minerals, LLC, backed by EnCap Investments L.P., in connection with Morita Minerals’ entry into an agreement whereby Viper Energy Partners, LLC
IPS Corporation in its acquisition of the assets of American Acrylic Adhesives, a manufacturer and supplier of adhesives and adhesives-related accessory products
Validus Energy Holdings II LLC, in its acquisition of Citizen Energy Operating, LLC
TCFII Core in the $186 million sale of its portfolio company, Core Appalachia, to Diversified Gas & Oil
The formation of Longview Infrastructure, a partnership between Stonepeak Partners, LLC and the management team with an aggregate commitment of up to $500 million
Credentials
- The University of Texas School of Law, J.D. with honors, 2018 (Notes Editor, Texas Law Review; Staff Editor, Texas Journal of Oil, Gas, and Energy Law)
- Southern Methodist University, B.B.A., Finance; B.A., English, 2013
- The Best Lawyers in America© (BL Rankings, LLC), “Ones to Watch,” (Dallas): Leveraged Buyouts and Private Equity Law, 2026; Securities/Capital Markets Law, 2026
- Texas
- Rankings & AwardsAugust 21, 2025
- Deals & CasesMarch 24, 2025
- Deals & CasesJanuary 31, 2025
- Deals & CasesSeptember 12, 2024
- Deals & CasesNovember 13, 2023
- Deals & CasesAugust 18, 2023