M&A Deal Summary |
|
|---|---|
| Date | 2012-06-01 |
| Target | Azure Midstream |
| Sector | Oil/Gas Exploration |
| Buyer(s) |
Energy Spectrum Capital
Tenaska Capital Management |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 4.5B USD |
| Size | Large |
| Type | Sector Focused |
Energy Spectrum Capital is a midstream private equity firm specializing in investment in buyouts and buys and build in middle-market companies. The Firm focused exclusively on the energy industry. ESC looks to make a direct investment in established companies includes oil & gas gathering and transportation systems, processing and treating facilities, storage facilities and other infrastructure facilities. ESC targets growing businesses and seeks to partner with experienced managements teams. The Firm looks to invest $50- $200 million per transaction. Energy Spectrum Capital was formed in 1995 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 62 |
| Sector: Oil/Gas Exploration M&A | 6 of 21 |
| Type: Joint Venture M&A Deals | 2 of 3 |
| State: Texas M&A | 21 of 33 |
| Country: United States M&A | 37 of 59 |
| Year: 2012 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-01 |
Ceritas I
Houston, Texas, United States Ceritas I was formed in January 2005 with a strategy to acquire and grow natural gas gathering and processing assets. Ceritas I's first acquisition in March 2005 was a gas gathering and processing system in Liberty County, TX. The company was successful in attracting new gas to the system, as well as expanding the system and adding a 50 MMcfd processing plant. Ceritas I sold its Liberty System to DCP Midstream in June 2010 and its Optigas assets to Monarch Natural Gas Holdings in June 2012. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-19 |
High Sierra Energy
Denver, Colorado, United States High Sierra Energy, LP is a midstream energy company founded in 2004. We are based in Denver, Colorado and operate businesses in the energy industry. The Company's primary operations included crude oil, liquids and refined products gathering, transportation, storage and marketing, and the disposal and processing of water associated with the production of oil and natural gas. In June 2012, High Sierra merged with NGL Energy Partners (NYSE: NGL). |
Sell | $693M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 3.2B USD |
| Size | Large |
| Type | Sector Focused |
Tenaska Capital Management (TCM) is the private equity affiliate of integrated energy company Tenaska. TCM was formed to leverage Tenaska's sector expertise to pursue opportunities for investment in the North American energy sector. Specific areas of interest include power generating plants; national providers of transmission and pipeline construction and maintenance services; and natural gas storage facilities. Tenaska Capital Management is based in Omaha, Nebraska.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 22 |
| Sector: Oil/Gas Exploration M&A | 6 of 6 |
| Type: Joint Venture M&A Deals | 2 of 2 |
| State: Texas M&A | 4 of 4 |
| Country: United States M&A | 21 of 22 |
| Year: 2012 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-12 |
Rio Nogales Power Project
Seguin, Texas, United States Rio Nogales Power Project LP is a combined-cycle plant provides electric generating capacity to the Electric Reliability Council of Texas (ERCOT) market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-06 |
US Power Generating Co.
Stamford, Connecticut, United States USPowerGen consists of three gas- and oil-fired electric power generating facilities with an aggregate summer net rating of 2,098 MW. The three facilities are located in New York City and are critical to the city's safety and electrical reliability. |
Buy | - |
