Seapeak LLC entered into an agreement to acquire Evergas A/S from JACCAR Holdings SA on October 24, 2022. It is an all-cash transaction with an enterprise value of approximately $700 million. The sale is subject to standard closing conditions and is expected to close by the end of this year, at which time Evergas, including its employees, will be rebranded under Seapeak. Deutsche Bank AG (France) acted as exclusive financial advisor to JACCAR Holdings SA in this transaction. Stephenson Harwood (Singapore) Alliance acted as legal advisor to Seapeak LLC.

Seapeak LLC completed the acquisition of Evergas A/S from JACCAR Holdings SA on December 29, 2022.