Birch Permian Holdings to be Acquired by Diversified Energy Company for $1.8B

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Cases & Deals

September 2, 2026

Featured Lawyers:

Mitchell Tiras

Partner

Baylie Evans

Senior Associate

Craig A. Phillips

Partner

Sydney Jones Lampard

Partner

Andrew M. Stakelum

Partner

King & Spalding is representing the management team of Houston-based Birch Permian Holdings in connection with the company’s $1.8 billion acquisition by Birmingham, Alabama-based Diversified Energy Company (NYSE: DEC, LSE: DEC).

The transaction involved Diversified Energy's acquisition of Birch Permian from affiliates of Elliott Investment Management and the Birch management team.

The King & Spalding transaction team was led by Mitch Tiras and Baylie Evans.

A press release on this transaction can be found below.

Related Capabilities

Mergers & Acquisitions (M&A) Energy Private Equity