Investment Summary |
|
|---|---|
| Date | 2017-05-31 |
| Target | Cardinal Midstream III |
| Sector | Oil/Gas Exploration |
| Investor(s) | EnCap Flatrock Midstream |
| Deal Type | Growth Capital |
| Advisor(s) | Mack Matheson & Marchesoni PLLC (Legal) |
SEARCH BY
| Category | Venture Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 9.0B USD |
| Size | Middle-Market |
| Type | Sector Focused |
EnCap Flatrock Midstream is a private investment firm focused on venture related opportunities in the midstream energy sector. EnCap Flatrock seeks majority positions in natural gas gathering, treating, processing and storage; crude oil gathering and transportation; and natural gas liquids fractionation, storage and transportation. EnCap Flatrock Midstream is affiliated with investment firm EnCap Investments, a large diversified energy investment firm. EnCap Flatrock is based in San Antonio, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 29 |
| Sector: Oil/Gas Exploration M&A | 18 of 19 |
| Type: Growth Capital M&A Deals | 11 of 15 |
| State: Texas M&A | 19 of 23 |
| Country: United States M&A | 24 of 29 |
| Year: 2017 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-17 |
Aspen Midstream
Dallas, Texas, United States Aspen Midstream is an independent energy company launched to fill strategic voids in the midstream sector. Aspen Midstream creates value for producers by offering a full-service portfolio of midstream solutions. Capabilities include natural gas gathering, processing, compression and treating; condensate stabilization and vapor recovery; crude oil gathering and terminaling and produced-water gathering and disposal. Aspen Midstream was founded in 2017 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-17 |
Gravity Midstream
Houston, Texas, United States Gravity Midstream is serving the North American refining and distribution complex with supply, infrastructure and logistics solutions. Gravity Midstream is based in Houston, Texas. |
Sell | - |