M&A Deal Summary

Altus Midstream Acquires EagleClaw Midstream

On October 21, 2021, Altus Midstream acquired energy services and equipment company EagleClaw Midstream from The Blackstone Group

Acquisition Highlights
  • This is Altus Midstream’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Altus Midstream’s 2nd transaction in the United States.
  • This is Altus Midstream’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-10-21
Target EagleClaw Midstream
Sector Energy Services and Equipment
Buyer(s) Altus Midstream
Sellers(s) The Blackstone Group
Deal Type Merger

Target

EagleClaw Midstream

Midland, Texas, United States
EagleClaw Midstream is a midstream company focused on developing infrastructure opportunities in the Permian Basin. EagleClaw provides natural gas producers with a wide array of midstream services including gathering, compression, treating, processing and transportation.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Altus Midstream

Houston, Texas, United States

Category Company
Sector Oil/Gas Exploration
Revenue 148M USD (2020)
DESCRIPTION

Altus Midstream is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Altus Midstream is based in Houston, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Texas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Enterprise Products Partners - Shin Oak Pipeline

Houston, Texas, United States

Enterprise Products Partners LP - Shin Oak Pipeline is a 658-mile Shin Oak Pipeline transports growing NGL production from multiple basins.

Buy -

Seller(S) 1

SELLER

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


DEAL STATS #
Overall 160 of 193
Sector: Energy Services and Equipment M&A 5 of 6
Type: Merger M&A Deals 7 of 9
State: Texas M&A 19 of 24
Country: United States M&A 99 of 117
Year: 2021 M&A 13 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 Spanx

Atlanta, Georgia, United States

Spanx is a apparel company specializing in shapewear and other garments for women. Spanx was founded in 2000 and is based in Atlanta, Georgia.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Everlake Life

Northbrook, Illinois, United States

Everlake Life is an insurance company specializing in life insurance and annuities. Everlake utilizes experience and financial strength to provide customers with high-quality service and policy solutions to meet their needs. Everlake Life was formed in 1957 and is based in Northbrook, Illinois.

Buy $4.0B