Crestwood Mergers and Acquisitions Summary

Energy Services And EquipmentCompany

Crestwood has acquired 5 companies, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 4 assets.

Crestwood’s largest acquisition to date was in 2021, when it acquired Oasis Midstream Partners for $1.8B. It’s largest disclosed sale occurred in 2021, when it sold Stagecoach Gas Services to Kinder Morgan for $1.2B. Crestwood has acquired in 2 different US states. The Company’s most targeted sectors include oil/gas exploration (75%) and energy services and equipment (25%).

Join Mergr and gain access to Crestwood’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity4
    • M&A Sell Activity4
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 5

Crestwood

Crestwood Equity Partners LP

811 Main Street, Suite 3400,
Houston, Texas 77002
United States,
(832) 519-2200
www.crestwoodlp.com

Crestwood owns and operates midstream assets in the United States. Crestwood was founded in 2001 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.2/yr) # 3 - - 1 - - 4
vol $425M $1.8B $2.2B
Sell (0.6/yr) # 1 - - 1 2 - 4
vol $225M $1.2B $480M $1.9B
  8

Most Recent M&A

Company Date Value Type
Crestwood Equity Partners - Marcellus Gathering and Compression System 2022-09-12 205M USD Divestiture
Houston, Texas
Crestwood Equity Partners - North Texas Gathering & Processing Assets 2022-05-25 275M USD Divestiture
Houston, Texas
Oasis Midstream Partners LP 2021-10-26 1.8B USD Add-on Acquisition
Houston, Texas · www.oasismidstream.com
Stagecoach Gas Services LLC 2021-06-01 1.2B USD Divestiture
Owego, New York · www.stagecoachgs.com
US Salt LLC 2017-10-31 225M USD Divestiture
Kansas City, Montana · www.ussaltllc.com
Crestwood Midstream Partners LP 2015-09-30 - Merger
Houston, Texas
Inergy Crude Logistics LLC 2012-12-07 425M USD Add-on Acquisition
Sugar Land, Texas
Jackalope Gas Gathering Services LLC 2012-01-02 - Joint Venture
Oklahoma City, Oklahoma
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (75%) 2.2B (100%) 1 (25%) 275M (14%)
Energy Services and Equipment 1 (25%) - 2 (50%) 1.4B (74%)
Chemicals - - 1 (25%) 225M (12%)
Total 4 $2.2B 4 $1.9B

By Geo

State/Country Buy Value Sell Value
United States 4 2.2B 4 1.9B
  Texas 3 2.2B 2 480M
  Oklahoma 1 - - -
  New York - - 1 1.2B
  Montana - - 1 225M
Total 4 $2.2B 4 $1.9B

Top M&A Advisors

Financial Deals
Intrepid Investment Bankers LLC
1
J.P. Morgan Securities LLC
1
Evercore Group LLC
1
Legal Deals
Vinson & Elkins LLP
1
Baker Botts LLP
1

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 1 $425M
TOTAL $2.2B
Largest Oasis Midstream Partners LP
$1.8B (2021-10-26)
sell # Total
> $1B 1 $1.2B
$100M to $1B 3 $705M
TOTAL $1.9B
Largest Stagecoach Gas Services LLC
$1.2B (2021-06-01)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Divested to
Strategic(s)
100%
4 (100%)

 Subscribe to unlock this and 189,108
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

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
  • 4.4K Private Equity Firms
  • 180K M&A Transactions
  • 185K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 68K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.