M&A Deal Summary |
|
|---|---|
| Date | 2013-04-22 |
| Target | TEAK Midstream |
| Sector | Energy Services and Equipment |
| Buyer(s) | Atlas Pipeline Partners |
| Sellers(s) | Natural Gas Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.0B USD |
| Advisor(s) | Evercore Group (Financial) Thompson & Knight LLP (Legal) |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Energy Services and Equipment |
| Revenue | 2.1B USD (2013) |
Atlas Pipeline Partners LP is engaged in gathering and processing segments of the midstream natural gas industry. In Oklahoma, southern Kansas, northern and western Texas, and Tennessee, APL owns and operates 13 active gas processing plants, 18 gas treating facilities, as well as approximately 10,600 miles of active intrastate gas gathering pipeline.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Texas) | 3 of 3 |
| Country (United States) | 3 of 3 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-12 |
Cardinal Midstream
Dallas, Texas, United States Cardinal Midstream provides oil and gas producers with a complete array of midstream services including natural gas gathering, compression, processing and treating. |
Buy | $600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-05 |
Atlas Pipeline NGL Holdings
Tulsa,, Oklahoma, United States Atlas Pipeline NGL Holdings, owns a common carrier natural gas liquids ("NGLs") transportation pipeline system. |
Sell | $135M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 20.0B USD |
| Size | Mega |
| Type | Sector Focused |
Natural Gas Partners is a specialist private equity firm focused on investments in the energy industry. The Firm looks for opportunities in oil and gas production, as well as midstream and oilfield service companies. Natural Gas Partners will also consider start-up company investments. The Firm's investments range from $20 to $100 million. Natural Gas Partners is an affiliate of energy investment firm NGP Energy Capital Management. The Group was formed in 1988 and is headquartered in Irving, Texas with additional offices in Houston; Santa Fe, New Mexico; Stamford, Connecticut; and London.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 13 |
| Sector (Energy Services and Equipment) | 3 of 3 |
| Type (Add-on Acquisition) | 2 of 3 |
| State (Texas) | 7 of 9 |
| Country (United States) | 8 of 12 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-27 |
TEAK Midstream
Dallas, Texas, United States TEAK Midstream, L.L.C., a Dallas-based midstream natural gas company, provides gathering, transmission, treating, processing, compression and marketing services in key gas producing areas of the United States. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-01 |
Steward Energy II
Frisco, Texas, United States Steward Energy II is an oil and gas acquisition and development company focused on the Permian Basin. Steward Energy II is based in Frisco, Texas. |
Buy | - |
