Investment Summary |
|
|---|---|
| Date | 2018-10-22 |
| Target | EnLink Midstream Partners |
| Sector | Energy Services and Equipment |
| Investor(s) | EnLink Midstream |
| Sellers(s) |
Lubar & Co.
TPG |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Evercore Group (Financial) Gibson, Dunn & Crutcher Potter Anderson & Corroon (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Energy Services and Equipment |
| Employees | 1,072 |
| Revenue | 6.9B USD (2023) |
EnLink Midstream is an integrated midstream services across natural gas, crude oil, condensate, and NGL commodities. EnLink Midstream was founded in 2013 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 3 |
| Country: United States M&A | 2 of 3 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-01 |
Lobo II
Dallas, Texas, United States Lobo II is a midstream oil and gas company based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-25 |
Crestwood Equity Partners - North Texas Gathering & Processing Assets
Houston, Texas, United States North Texas Gathering and Processing System assets include 500 miles of lean and rich gas gathering pipeline and three processing plants with 425 million cubic feet per day (MMcf/d) of capacity, which will be available for future relocation. |
Buy | $275M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Lubar & Co. is a private investment firm that seeks control or minority investments in Midwest US-based companies from the Great Lakes to Texas. The Firm looks for businesses with at least $15 million of revenue and valued between $15 and $100 million. Sectors of interest include niche manufacturing, business services, energy, architecture/engineering/construction, healthcare products and services, and asset management. Prospective transaction situations can include management buyouts, generational changes of ownership, recapitalizations, corporate divestitures, late-stage growth equity, and co-investments with other private equity firms. Lubar & Co. was formed in 1968 and is based in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 7 of 7 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-27 |
ChemDesign Products
Marinette, Wisconsin, United States ChemDesign Products is an independent custom specialty and fine chemicals manufacturing specialist. ChemDesign Products was founded in 1983 and is based in Marinette, Wisconsin. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 188 of 277 |
| Sector: Energy Services and Equipment M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 69 of 96 |
| State: Texas M&A | 20 of 26 |
| Country: United States M&A | 134 of 199 |
| Year: 2018 M&A | 19 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-09 |
FreedomPay
Philadelphia, Pennsylvania, United States FreedomPay is a provider of cloud-based payments solutions for the entire commerce ecosystem. The omnichannel payments and incentives platform provides fully integrated, processor agnostic technology that helps large and leading enterprises manage their payments infrastructure, security, analytics, and marketing offers. FreedomPay was founded in 2000 and is based in Philadelphia, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-01 |
ViroBay
Menlo Park, California, United States Virobay is a semi-virtual company focused on novel treatments for hepatitis C, pain and auto-immune disease. |
Sell | - |
