M&A Deal Summary |
|
|---|---|
| Date | 2019-11-12 |
| Target | Reliance Gathering |
| Sector | Oil/Gas Exploration |
| Buyer(s) |
Rattler Midstream
Oryx Midstream Services |
| Sellers(s) | Metalmark Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 356M USD |
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| Category | Company |
|---|---|
| Sector | Oil/Gas Exploration |
| Revenue | 424M USD (2020) |
Rattler Midstream is a Delaware limited partnership formed by Diamondback Energy to own, operate, develop and acquire midstream and energy-related infrastructure assets. Rattler owns crude oil, natural gas and water-related midstream assets in the Permian Basin that provide services to Diamondback Energy and third party customers under primarily long-term, fixed-fee contracts. Rattler Midstream is based in Midland, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Oil/Gas Exploration |
Oryx Midstream Services is a midstream crude operator in the Permian Basin. Oryx Midstream Services owns and operates a crude oil gathering and transportation system underpinned by nearly one million acres under long-term dedications from more than 20 customers. The system's 2.1 million barrels of storage and approximately 1,200 miles of in-service and under-construction pipeline span eight counties in Texas and two in New Mexico. Oryx Midstream Services was founded in 2013 and is based in Midland, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Metalmark Capital is an independent private equity group focused on large company transactions in a wide range of industries. Metalmark is a hands-on investment firm looking to build long-term value in its portfolio companies. Broad areas of interest include natural resources/energy, healthcare services, industrials, food, transportation, and financial services. Metalmark was established in 2004 by the former principals of Morgan Stanley Capital Partners to manage the Metalmark Capital and Morgan Stanley Capital Partners funds. Metalmark is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 40 |
| Sector (Oil/Gas Exploration) | 8 of 8 |
| Type (Add-on Acquisition) | 18 of 20 |
| State (Texas) | 8 of 9 |
| Country (United States) | 36 of 37 |
| Year (2019) | 2 of 2 |
| Size (of disclosed) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-01 |
Regenity Biosciences
Paramus, New Jersey, United States Regenity Biosciences is a developer and manufacturer of collagen-based medical products used for tissue and bone repair and regeneration. Collagen Matrix, Inc. develops proprietary products that are sold to OEM customers on either a contract or private label basis across orthopedic, sports medicine, dental, and neurosurgery end markets. Collagen Matrix, Inc. also offers partnership opportunities including distribution, contract product development, and contract manufacturing services. Regenity Biosciences was founded in 1997 and is based in Paramus, New Jersey. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-03 |
Kissner Milling
Cambridge, Ontario, Canada Kissner Milling Co., Ltd. is a producer and distributor of bulk rock salt and packaged specialty deicing products across North America. Kissner was formed in 1878 and is based in Detroit, Michigan. |
Sell | - |
