Credentials at a Glance

ranked

Private Equity: Buyouts: High-end Capability (Nationwide)

– Chambers USA, 2023 – 2025

Ranked

M&A/Corporate & Commercial – Private Equity Buyouts

– The Legal 500 US, 2018 – 2025

ranked

M&A/Corporate & Commercial – M&A – Large Deals: $1bn+

– The Legal 500 US, 2018–2025

Your Success Is Our Success


Vinson & Elkins counsels sophisticated private equity funds in their most complex transactions across nearly all industries and sectors. Our broad private equity client base consists of middle market funds to many of the world’s leading private equity and venture capital funds. Vinson & Elkins’ Private Equity team leverages the firm’s global footprint across major financial centers to execute our private equity clients’ most important deals.

Comprehensive Private Equity Capabilities

Vinson & Elkins represents private equity funds and their portfolio companies in a broad range of transactions in every phase of the investment life cycle, including:

  • Fund formation and fundraising
  • Management team placements
  • Growth equity transactions
  • Acquisitions, investments, and dispositions
  • Leveraged buyouts and going private transactions
  • Carve-outs
  • Line of equity commitments
  • Mezzanine finance
  • Distressed investments
  • Joint ventures
  • Exits, including IPOs

The Private Equity team seamlessly integrates with the firm’s leading Capital Markets and Finance practices, helping our clients efficiently access both public and private sources of debt and equity capital. Vinson & Elkins clients also benefit from access to our other internationally recognized specialty practices, such as Tax, Regulatory, and Environmental.

Energy Private Equity Innovator

Vinson & Elkins has a world-class reputation in energy and is a leader in energy private equity, including renewable energy. The firm represents many leading energy-focused private equity sponsors and generalist buyout firms on their energy investments. Vinson & Elkins’ Private Equity lawyers pioneered the line of equity commitment structure in the energy space, and have been involved in some of the most complex, high-value leveraged buyouts in the industry.

Experience

  • Takanock, a provider of innovative digital and power infrastructure solutions, in new capital commitments totaling $500 million from ArcLight and DigitalBridge

  • Sitio Royalties Corp. in its $4.1 billion merger with Viper Energy

  • Apollo Global Management in the acquisition of a majority stake in OEG Energy Group, a leading offshore energy solutions business, with an implied headline valuation of more than $1 billion

  • Double Eagle IV MidCo, LLC, a private company backed by EnCap Investments L.P., in its entry into a definitive agreement to sell certain of its subsidiaries and assets to Diamondback E&P, LLC (NASDAQ: FANG), in exchange for approximately 6.9 million shares of FANG common stock and $3 billion of cash consideration, subject to customary adjustments

  • Brookfield Asset Management Ltd. in connection with a preferred equity commitment to Origis USA (a portfolio company of Antin Infrastructure Partners)

  • Riverstone Holdings in the sale of its equity stake in Pattern Energy Group to a consortium headed by APG Asset Management and Australian Retirement Trust (ART)

  • Quantum Capital Group and FourPoint Resources, in partnership with Kayne Anderson, in their $2 billion acquisition of Ovintiv’s (NYSE, TSX: OVV) Uinta Basin assets

  • EQT Corporation in the $1.8 billion acquisition of upstream and midstream oil and gas assets in Pennsylvania from Olympus Energy (pending)

  • Global Infrastructure Partners, a leading global infrastructure investor, in connection with its approximately $2.6 billion all cash sale of Medallion Midstream Partners, LLC to ONEOK, INC. (NYSE: OKE)

Powering Progress


The accelerating adoption of AI is driving extraordinary demand for data center capacity and power, creating both opportunity and complexity for developers and investors alike.

To better understand how the market is responding, we surveyed 200 senior infrastructure developers and private capital investors to capture perspectives on power availability, infrastructure constraints, financing dynamics, and the pace of AI-driven growth.

You Have Goals. Let’s Get Started

At Vinson & Elkins, we bring decades of knowledge, skill, and experience to our clients’ most complex legal matters.

Discover our latest:

Insights

Podcasts

Powering Progress Episode 7 – Scaling the Deal

As investment in data centers accelerates, many organizations are pursuing platform strategies and joint ventures to scale development and deploy …

June 10, 2026

June 10, 2026 • 5-minute read

Articles

5 Strategies for Operating Hybrid Funds

1. Craft Terms Carefully Hybrid funds often have bespoke, highly variable terms, including for capital calls, liquidity mechanisms, redemption rights, …

March 10, 2026

March 10, 2026 • 2-minute read

Events

Ron Nardini Presenting at International Bar Association’s 15th Annual London Finance and Capital Markets Conference

Partner Ron Nardini will present at the International Bar Association’s (IBA) 15th Annual Finance and Capital Markets Conference in London …

January 26, 2026

January 26, 2026 • 1-minute read

Client Alerts

IRS Proposes to Withdraw Look-Through Rule for Domestically Controlled REITs

On October 20, 2025, the Treasury Department and the IRS released proposed regulations (the Proposed Regulations) under Section 897 of the Internal Revenue Code of 1986, as amended (the Code), that would remove a rule, initially proposed on December 29, 2022 and finalized on April 25, 2024 (the 2024 Final Regulations) (T.D. 9992), that requires a REIT to “look through” certain domestic C corporations to their shareholders for purposes of determining whether a REIT is considered “domestically controlled.”

October 21, 2025 • V&E REIT Update

October 21, 2025 • 2-minute read

REITs Background Decorative Image

Client Alerts

Update: OBBBA Tax Provisions Impacting REITs and Foreign Investors

On July 1, 2025, a little over two weeks after the Senate Finance Committee released its draft tax title (the “Initial Senate Draft”), the U.S. Senate secured sufficient votes to advance its version of the “One Big Beautiful Bill Act” (the “OBBBA”) — a comprehensive budget reconciliation bill — back to the House of Representatives, which voted in favor of the bill on July 3, 2025.

July 7, 2025 • V&E REIT Update

July 7, 2025 • 3-minute read

REITs Background Decorative Image

Client Alerts

Delaware Supreme Court Sets High Bar for Counterparty Aiding and Abetting Liability in M&A Deals

The Delaware Supreme Court’s June 17, 2025 decision in In re Columbia Pipeline Group Merger Litigation reversed a $199 million damages award against TC Energy for aiding and abetting breaches by fiduciaries of Columbia Pipeline Group relating to TC Energy’s acquisition of Columbia Pipeline.

June 24, 2025 • V&E Shareholder Litigation Update

June 24, 2025 • 5-minute read

AOL - Shareholder Lit and Enforcement

Client Alerts

Senate Draft Tax Provisions Impacting REITs and Foreign Investors

On June 16, 2025, the Senate Finance Committee released its draft tax title for inclusion in the Senate’s version of the budget reconciliation bill, known as the “One Big Beautiful Bill Act” (the “OBBBA”).

June 18, 2025 • V&E REIT Update

June 18, 2025 • 4-minute read

REITs Background Decorative Image
News & Achievements

Related Capabilities