Summit Midstream - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Summit Midstream M&A Summary

Summit Midstream has acquired 3 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Summit Midstream’s largest acquisition to date was in 2024, when it acquired Tall Oak Midstream III for $155M. It’s largest disclosed sale occurred in 2019, when it sold Summit Midstream Partners - The Tioga System to Hess Midstream Partners for $60M. Summit Midstream has acquired in 2 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

Summit Midstream Business Overview

Where is Summit Midstream headquartered?

Summit Midstream is headquartered in The Woodlands, Texas.

What is Summit Midstream’s revenue?

Summit Midstream disclosed revenue of 383M USD for 2020 and 444M USD for 2019.

How many employees does Summit Midstream have?

Summit Midstream has 220 employees.

What sector is Summit Midstream in?

Summit Midstream is an energy services and equipment company.

When was Summit Midstream founded?

Summit Midstream was founded in 2009.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Summit Midstream

Summit Midstream Partners LP

910 Louisiana Street Suite 4200,
The Woodlands, Texas 77002
United States,
(832) 413-4770
www.summitmidstream.com

Summit Midstream is a growth oriented midstream energy company focused on acquiring and developing midstream energy infrastructure assets that are strategically located in unconventional North American production basins. Summit Midstream was founded in 2009 and is based in The Woodlands, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # - - - 1 - 1 2
vol $155M $155M
Sell (0.0/yr) # 1 - - - - - 1
vol $60M $60M
  3

Most Recent M&A

Company Date Value Type
Tall Oak Midstream III LLC 2024-10-01 155M USD Add-on Acquisition
Edmond, Oklahoma
Sterling Energy Co. 2022-10-17 - Add-on Acquisition
Denver, Colorado · www.sterlingenergy.us
Summit Midstream Partners LP - The Tioga System 2019-02-26 60M USD Divestiture
Williams County, North Dakota
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (100%) 155M (100%) 1 (100%) 60M (100%)
Total 2 $155M 1 $60M

By Geo

State/Country Buy Value Sell Value
United States 2 155M 1 60M
  Oklahoma 1 155M - -
  Colorado 1 - - -
  North Dakota - - 1 60M
Total 2 $155M 1 $60M

Top M&A Advisors

Financial Deals
Guggenheim Securities
 1
Legal Deals
Locke Lord
 1

Deal Values

buy # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Tall Oak Midstream III LLC
$155M (2024-10-01)
sell # Total
< $100M 1 $60M
TOTAL $60M
Largest Summit Midstream Partners LP - The Tioga System
$60M (2019-02-26)

M&A Connections

Deals
Acquired from
Investor(s)
100%
2 (100%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

383   14% 2020
444   13% 2019
507   4% 2018
489   22% 2017
402   9% 2016
371   13% 2015
331   14% 2014
292   68% 2013
174   2012
(millions of USD) Show More Show Less

Employees

220

Established

2009

Public

NYSE: SMLP

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Summit Midstream

Texas Companies , Energy Services and Equipment Companies , United States Companies , Texas Energy Services and Equipment Companies , Texas Energy Services and Equipment with Acquisitions , Texas Energy Services and Equipment with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas Companies

Related Lists for Energy Services and Equipment Companies

Largest Energy Services and Equipment Companies , Acquisitive Energy Services and Equipment Companies , Recently Acquired Energy Services and Equipment Companies , Recently Sold Energy Services and Equipment Companies , Private Energy Services and Equipment Companies , Public Energy Services and Equipment Companies , Acquired Energy Services and Equipment Companies , PE Backed Energy Services and Equipment Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal