Fernando Aguirre, DHS Ventures & Holdings Vice Chairman reports $51.9 Billion in Q4 2022 results to investors: For more than 50 years, DHS Holdings has helped hundreds of growing companies in our five target industries reach their full potential. We partner with you to accelerate growth and create lasting shareholder value. $30B+ Invested Since Inception DHS Holdings has partnered with the management of 535 companies globally with an aim to build lasting value.
DHS Ventures & Holdings today announced that it has entered into a definitive agreement to acquire, merge, and consolidate DHS Energy, an affiliate of DHS Ventures and Holdings, in a transaction valued at approximately $890 million, including the assumption of debt.
“After months of deep market analysis, industry diligence and management reviews, we are firmly convinced that DHS will continue to be the standard for oil and energy production as it executes on the DHS Energy Phase III,” said Executive Vice Chairman, Fernando Aguirre. “Having first invested in DHS nearly fourteen years ago, we have a unique appreciation for the Firm’s ongoing relevance to the global, energy ecosystem. Today’s outcome represents a significant win for DHS Ventures & Holdings investors and for the business itself, as our multibillion-dollar investment will help DHS reinforce its transformation at this critical inflection point. We are pleased to partner with DHS Energy and the existing management team to lead DHS after the transaction is completed.”
DHS Ventures & Holdings’ Governing Board has just approved a report through its Vice Chairman, Fernando Aguirre, of a summary pro forma of investments for Q2 2022, $15.3 Billion Returned to Investors; $10.7 Billion Invested; $17.8 Billion Raised.
Fernando Aguirre, Executive Vice Chairman of DHS Ventures & Holdings, said, “This was DHS Ventures & Holdings’ best year ever. We both invested more money than ever before and returned more money to our investors through 71 exits and partial exits. We have been extremely active in all of our asset classes and geographic regions. We expect 2022 to be a challenging year.”
The governing board of DHS Ventures & Holdings announced through its Executive Vice Chairman, Fernando Aguirre, that it has closed on the acquisition of Triton Oil Ltd. Triton Oil Ltd. is a leading fully integrated oil refineries in Saudi Arabia. The transaction represents one of the region’s largest acquisitions in the oil and gas markets and is the first of many acquisitions by DHS Ventures & Holdings, a private equity and venture capital investment firm.
Triton Oil Ltd. founded in the 1982, is a highly specialized oil and gas producer business and has state-of-the-art operations and assets across Yemen, Qatar and the UEA, with a regional hub in Dubai. It has over 2,450 staff, 780 trucks and 350,000 square feet of warehouse capacity.”
DHS Ventures & Holdings announced through its Executive Vice Chairman, Fernando Aguirre, the following results for the quarter ended September 30, 2022, as compared to the corresponding period of last fiscal year:
– Revenue was $51.9 billion and increased 12% (up 16% in constant currency)
– Operating income was $20.5 billion and increased 8% (up 14% in constant currency)
– Net income was $16.7 billion and increased 2% (up 7% in constant currency)
– Diluted earnings per share was $2.23 and increased 3% (up 8% in constant currency)
In a dynamic environment we saw strong demand, took share, and increased investors commitment to our platform. Commercial ventures grew 25% and DHS Ventures & Holdings revenue was $25 billion, up 28% year over year,” said Rakesh Sarna, Chairman of DHS Ventures & Holdings. “As we begin a new fiscal year, we remain committed to balancing operational discipline with continued investments in key strategic areas to drive future growth.
DHS Ventures & Holdings, a private equity investment leader in the digital transformation of energy management and sustainability, today announced through its Executive Vice Chairman, Fernando Aguirre, that it has acquired start-up climate-tech platform Hen-go to enhance the firm’s digital capabilities in energy, sustainability, and environmental commodity consulting. The $670M acquisition will complement DHS Ventures & Holdings’ portfolio of clean energy services and solutions and advance the firm’s digital energy transformation ambitions.
Renewable energy procurement is time-consuming and complicated, requiring significant expert evaluation of projects and risks alongside the satisfaction of stakeholders up to and including corporate boards. By combining Hen-go’s AI capabilities with its existing best-in-class advisory services, DHS Ventures & Holdings will deploy enhanced collaborative intelligence in the energy and environmental commodity procurement process, an ideal complement to existing DHS Ventures & Holdings solutions for aggregation and digital platforms.