Vivakor Inc. signs a $120M deal to acquire Endeavor Entities, a midstream oil sector firm, with contingent $49M payment based on 2024 EBITDA.

Vivakor, Inc., a clean energy and environmental solutions firm, signs a $120M deal to acquire Endeavor Entities, which operate in the midstream oil sector, including oil logistics, gathering, and storage. The acquisition targets cost efficiencies and is subject to due diligence, fairness opinion, and regulatory approvals, with a potential $49M contingent payment dependent on 2024 EBITDA performance.