Mergers & Acquisitions ·
The Marygold Companies, Inc. (TMC), the sole shareholder of USCF Investments, Inc., entered into a definitive…
USOUnited States Oil Fund, LP
The Marygold Companies, Inc. (TMC), the sole shareholder of USCF Investments, Inc., entered into a definitive agreement with Madison Dearborn Partners to acquire TMC in an all-cash transaction. This acquisition will result in TMC becoming privately held and delisting its common stock from the New York Stock Exchange, expected to close in the first half of 2027 subject to customary conditions including regulatory approvals. The deal impacts United States Oil Fund, LP through its ownership chain, as USCF is the general partner of the fund. Following the transaction, Madison Dearborn Partners and TMC leaders plan to execute a transformation strategy to refocus USCF's business operations. This company operates in the financial services industry, specifically managing exchange-traded commodity funds.