EQV Ventures Acquisition Corp. Shareholders Approve Business Combination with Presidio

Transaction expected to close on or about March 4, 2026

Published on Feb. 28, 2026

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EQV Ventures Acquisition Corp. (NYSE: FTW), a special purpose acquisition company, announced that its shareholders voted to approve the previously announced business combination with Presidio Investment Holdings LLC, a differentiated oil and gas operator. The closing of the business combination is expected to occur on or about March 4, 2026, with shares of the combined entity expected to trade on NYSE under the symbol 'FTW' on March 5, 2026.

Why it matters

The business combination will allow Presidio, a leading operator of mature oil and gas wells across the Mid-Continent, to become a publicly traded company and expand its focus on optimizing existing production and generating sustainable cash flow from low-decline, producing assets.

The details

Shortly following the closing of the Transaction and upon approval of the combined company Board of Directors, Presidio expects to provide formal dividend timing details aligned with its previously announced dividend framework and broader shareholder return strategy, which highlights Presidio's differentiation as an E&P company with a capital-light platform with minimal reinvestment requirements, enabling a greater portion of cash flow to be returned directly to shareholders.

  • The closing of the business combination is expected to occur on or about March 4, 2026.
  • Shares of the combined entity are expected to trade on NYSE under the symbol 'FTW' on March 5, 2026.

The players

EQV Ventures Acquisition Corp.

A special purpose acquisition company sponsored by EQV Group, which was formed in 2022 and is an active acquirer and operator of proved developed producing oil and gas properties, and currently owns and operates more than 3,500 wells across 10 states.

Presidio Investment Holdings LLC

A differentiated oil and gas operator focused on the acquisition and optimization of mature, producing oil and natural gas assets in the United States. Headquartered in Fort Worth, TX, Presidio is a leading operator of mature oil and gas wells across the Mid-Continent.

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What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This business combination will allow Presidio to become a publicly traded company and expand its focus on optimizing existing oil and gas production, with the potential for increased shareholder returns through a dividend framework.