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Hartree Partners to Acquire Sprague Resources

Sprague Resources Announces Agreement to be Acquired by Hartree Partners Background Image

Vinson & Elkins advised Hartree Partners, LP (“Hartree”) in its entry into a definitive merger agreement pursuant to which Hartree acquire all of the outstanding common units of Sprague Resources LP not already owned by Hartree and its affiliates.

The transaction is expected to close prior to the end of Q3 2022, subject to customary closing conditions.

The V&E team was led by partner Lande Spottswood and senior associate Alex Robertson, with assistance from partner David Oelman and associates David Smith, Ted Belden and Jack Peterson. Also assisting were partner Ryan Carney, senior associate Peter Rogers and associate Maddie Brown; partner Brett Santoli, senior associate Maya Bobbitt and associate Cole Renicker; partner Shane Tucker and counsel Dario Mendoza; partner Sean Becker and associate Peter Goetschel; partner Matt Dobbins and associate Simon Willis; counsel Rajesh Patel and associate Ricky Legg; partner Damien Lyster and associate Ryan Hoeffner; senior associate Bryant Buechele; and partner Sarah Mitchell.

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