M&A Deal Summary |
|
|---|---|
| Date | 2017-04-11 |
| Target | Navigator Energy Services |
| Sector | Energy Services and Equipment |
| Buyer(s) | NuStar Energy |
| Sellers(s) | First Reserve |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.5B USD |
| Advisor(s) | Deutsche Bank Corporate & Investment Banking (Financial) Simpson Thacher & Bartlett (Legal) |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Energy Services and Equipment |
| Revenue | 1.7B USD (2022) |
NuStar Energy is an independent liquids terminal and pipeline operator. The company currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia, and specialty liquids. NuStar Energy was founded in 1999 and is based in San Antonio, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Energy Services and Equipment) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-21 |
Martin Midstream Partners - Corpus Christi
Texas, United States Martin Midstream Partners LP - Corpus Christi is a provider of crude oil and refined products. |
Buy | $93M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-10 |
NuStar Energy - St. Eustatius Terminal
San Antonio, Texas, United States NuStar Energy LP - St. Eustatius Terminal consists of 60 commercial tanks and associated deep water jetties and pipelines, with a total storage capacity of 2.3 million cubic meters. It is conveniently located in the Caribbean region to serve key trading countries. |
Sell | $250M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 32.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
First Reserve is a specialist private equity firm focused on investments in energy companies. First Reserve targets equity investments of $50 to $500 million in companies valued from $100 million to $10 billion. Target areas of interest within the energy industry include energy manufacturing and services (drilling service providers and wellhead equipment manufacturers), energy infrastructure, energy reserves, renewable energy and alternative fuels, and energy related insurance and financial products. First Reserve was established in 1983 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 54 |
| Sector (Energy Services and Equipment) | 17 of 19 |
| Type (Add-on Acquisition) | 16 of 18 |
| State (Texas) | 13 of 20 |
| Country (United States) | 26 of 37 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 4 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-01 |
Vista Proppants and Logistics
Fort Worth, Texas, United States Vista Proppants and Logistics LLC is a provider of frac sand solutions for oil and gas well completions in producing regions in Texas and Oklahoma. Through its vertically integrated logistics network of transload terminals and fleet of “last-mile” transport vehicles, the company offers mine-to-wellhead frac sand supply chain solutions and security of supply in some of the most active oil and gas regions of the United States, including the Permian Basin, Eagle Ford Shale, and SCOOP/STACK. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-19 |
EMS USA - The Integrity Maintenance Platform
United States EMS USA's The Integrity Maintenance Platform is a provider of comprehensive suite of solutions that includes integrity maintenance, cathodic protection, measurement and automation, O&M compliance, GIS, and control room operations. |
Buy | - |
