M&A Deal Summary

Mustang Gas Products Acquires Great Salt Plains Midstream

On December 1, 2022, Mustang Gas Products acquired oil/gas exploration company Great Salt Plains Midstream from Energy Spectrum Capital

Acquisition Highlights
  • This is Mustang Gas Products’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Mustang Gas Products’ 1st transaction in the United States.
  • This is Mustang Gas Products’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2022-12-01
Target Great Salt Plains Midstream
Sector Oil/Gas Exploration
Buyer(s) Mustang Gas Products
Sellers(s) Energy Spectrum Capital
Deal Type Add-on Acquisition

Target

Great Salt Plains Midstream

Oklahoma City, Oklahoma, United States
Great Salt Plains Midstream is a provider of midstream services to producers in the prolific STACK play of central Oklahoma. Great Salt Plains Midstream is based in Oklahoma City.

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

Mustang Gas Products

Oklahoma City, Oklahoma, United States

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Mustang Gas Products owns and operates various cryogenic gas. Mustang Gas Products is based in Oklahoma City.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Energy Spectrum Capital

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 4.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Energy Spectrum Capital is a midstream private equity firm specializing in investment in buyouts and buys and build in middle-market companies. The Firm focused exclusively on the energy industry. ESC looks to make a direct investment in established companies includes oil & gas gathering and transportation systems, processing and treating facilities, storage facilities and other infrastructure facilities. ESC targets growing businesses and seeks to partner with experienced managements teams. The Firm looks to invest $50- $200 million per transaction. Energy Spectrum Capital was formed in 1995 and is based in Dallas, Texas.


DEAL STATS #
Overall 39 of 42
Sector: Oil/Gas Exploration M&A 9 of 11
Type: Add-on Acquisition M&A Deals 19 of 21
State: Oklahoma M&A 11 of 12
Country: United States M&A 37 of 39
Year: 2022 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-24 Nightpeak Energy

Oakland, California, United States

Nightpeak Energy is an energy company focused on reliably powering communities towards a low-carbon future. Nightpeak Energy develops, owns and operates energy projects that meet the growing capacity needs of a decarbonized grid. Nightpeak Energy is based in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-14 Kanata Energy Group

Calgary, Alberta, Canada

Kanata Energy Group is a Canadian midstream company focused on acquiring, building, and developing midstream assets throughout Canada. Kanata Energy Group was formed in 2012 and is based in Calgary, Alberta.

Sell -