Investment Summary

EIV Capital Invests In Penrose Midstream Partners

On May 2, 2023, private equity firm EIV Capital invested in oil/gas exploration company Penrose Midstream Partners

Investment Highlights
  • This is EIV Capital’s 6th transaction in the Oil/Gas Exploration sector.
  • This is EIV Capital’s 18th transaction in the United States.
  • This is EIV Capital’s 11th transaction in Texas.

Investment Summary

Date 2023-05-02
Target Penrose Midstream Partners
Sector Oil/Gas Exploration
Investor(s) EIV Capital
Deal Type Growth Capital
Advisor(s) Locke Lord (Legal)

Target

Penrose Midstream Partners

Houston, Texas, United States
Penrose Midstream Partners is a growth-oriented midstream company focused on acquiring, developing, operating, and optimizing midstream infrastructure throughout established and emerging basins in North America. Penrose Midstream Partners is based in Houston, Texas.

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Investor(S) 1

Investor
DESCRIPTION

EIV Capital Management is a private equity firm focused on the energy sector. EIV will invest at all company stages and will consider both control and minority positions. Specific areas of interest include oil/gas midstream infrastructure, oil/gas downstream infrastructure, oilfield services, LNG applications, and power generation. The Firm looks to invest $20 to to $80 million in transactions valued up to $200 million. EIV Capital Management was formed in 2009 and is based in Houston, Texas.


DEAL STATS #
Overall 18 of 18
Sector (Oil/Gas Exploration) 6 of 6
Type (Growth Capital) 15 of 15
State (Texas) 11 of 11
Country (United States) 18 of 18
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-30 Intensity Infrastructure Partners

Tulsa, Oklahoma, United States

Intensity Infrastructure Partners is a full-service midstream company providing a suite of midstream service solutions customized to meet its customers’ specific requirements. Intensity Infrastructure Partners is based in Tulsa, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-13 EcoVapor

Denver, Colorado, United States

EcoVapor is a provider of vapor recovery and oxygen removal solutions at hydrocarbon production facilities. EcoVapor Recovery Systems was founded in 2010 and is based in Denver, Colorado.

Sell -