Varun Babbili Overview
Varun Babbili General Information
Biography
Mr. Varun Babbili serves as Partner at White Deer Energy. Mr. Babbili also serves as a Board Member at EXERO Well Integrity, Axios Industrial Group, Covenant Testing Technologies, Deep Well Services, TorcSill Foundations, and Fortress. Before joining White Deer, Mr. Babbili was an Investment Banking Analyst in the Natural Resources Group at J.P. Morgan. While at J.P. Morgan, he focused on a wide variety of mergers and acquisitions, strategic advisories, and capital market financings for clients in all segments of the oil and gas industry. Mr. Babbili graduated from the Cox School of Business at Southern Methodist University with a BBA in Finance and a BS in Economics with Financial Applications.
Contact Information
Address
- 700 Louisiana Street
- Suite 4770
- Houston, TX 77002
- United States
Varun Babbili Positions (1)
| Firm name | Firm type | Title | Location | Industry | Since |
|---|---|---|---|---|---|
| White Deer Energy | Investor | Partner | Houston, TX | PE/Buyout |
Varun Babbili Board Seats (6)
| Company | Industry | Ownership Status | Financing Status | Location | Since |
|---|---|---|---|---|---|
| Axios Industrial Group | Other Commercial Services | Privately Held (backing) | Private Equity-Backed | The Woodlands, TX | |
| Deep Well Services | Other Energy Services | Privately Held (backing) | Private Equity-Backed | Zelienople, PA | |
| EXERO Well Integrity | Other Commercial Services | Privately Held (backing) | Private Equity-Backed | Denver, CO | |
| Fortress. | |||||
| One X A Completions Partner | Other Energy Services | Privately Held (backing) | Private Equity-Backed | The Woodlands, TX |
Varun Babbili Lead Partner on Deals (4)
Varun Babbili has been the lead partner on 4 deals. Their latest deal was with Fortress Power, a electrical equipment company. The deal was made on 05-Jan-2022.
| Company | Deal Date | Deal Type | Deal Size | Deal Status | Industry | Location |
|---|---|---|---|---|---|---|
| Fortress Power | 05-Jan-2022 | Buyout/LBO | Completed | Electrical Equipment | Southampton, PA | |
| EXERO Well Integrity | 01-Jan-2020 | Completed | Other Commercial Services | Denver, CO | ||
| TorcSill Foundations | 23-Oct-2019 | Buyout/LBO | Completed | Oil and Gas Equipment | Houston, TX | |
| One X A Completions Partner | 01-Oct-2016 | PE Growth/Expansion | Completed | Other Energy Services | The Woodlands, TX |
Varun Babbili Network (37)
Board Members (7)
| Name | Company | Representing | Location | From |
|---|---|---|---|---|
| James Meneely III | Deep Well Services | White Deer Energy | Zelienople, PA | |
| James Meneely III | EXERO Well Integrity | White Deer Energy | Denver, CO | |
| One X A Completions Partner | White Deer Energy | The Woodlands, TX | ||
| Axios Industrial Group | White Deer Energy | The Woodlands, TX | ||
| Fortress. | Self |
Portfolio Executives (25)
| Name | Company | Role | Deal date | Location |
|---|---|---|---|---|
| Kevin Creedon | Fortress Power | Controller | 05-Jan-2022 | Southampton, PA |
| Jing Yu | Fortress Power | Founder & Chief Executive Officer | 05-Jan-2022 | Southampton, PA |
| Fortress Power | Controller | 05-Jan-2022 | Southampton, PA | |
| Fortress Power | Chief Technology Officer | 05-Jan-2022 | Southampton, PA | |
| Fortress Power | Chief Technology Officer | 05-Jan-2022 | Southampton, PA |
Fund Team Members (5)
| Name | Investor | Fund | Fund Location |
|---|---|---|---|
| Thomas Edelman | White Deer Energy | White Deer Energy II | Houston, TX |
| Thomas Edelman | White Deer Energy | White Deer Energy | Houston, TX |
| White Deer Energy | Houston, TX | ||
| White Deer Energy | Houston, TX | ||
| White Deer Energy | Houston, TX |
Varun Babbili Affiliated Funds (3)
| Fund | Investor | Fund Type | Status | Vintage | Size | Dry Powder | IRR | IRR Quartile |
|---|---|---|---|---|---|---|---|---|
| White Deer Energy | White Deer Energy | Oil/Gas | Closed | 2009 | ||||
| White Deer Energy II | White Deer Energy | Oil/Gas | Closed | 2013 | ||||
| White Deer Energy III | White Deer Energy | Oil/Gas | Closed | 2018 |
Varun Babbili FAQs
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Who is Varun Babbili?
Mr. Varun Babbili serves as Partner at White Deer Energy.
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How much does Varun Babbili typically invest?
Varun Babbili's median deal size is .
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What is Varun Babbili’s main position?
Varun Babbili’s primary position is Partner.
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What are the contact details for Varun Babbili?
Varun Babbili’s email address is vb and his phone number is +1 (713) .
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How many active board seats does Varun Babbili hold?
Varun Babbili holds 6 board seats including Axios Industrial Group, Deep Well Services, EXERO Well Integrity, Fortress., and One X A Completions Partner.
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