“Do you collaborate with industry?”

Background. An industry colleague negotiated an option to acquire a large mineral package in an area prospective for near-term development.

Challenge. The transaction was larger than the buyer wished to acquire, but the seller would not separate the package into smaller segments. The closing deadline was approaching and it was believed the seller had another offer at a higher price.

Solution. Carrollton committed to acquire a portion of the minerals. The buyer and its partners had financing for the remainder. The transaction closed in a timely manner and each party came away a winner.