M&A Deal Summary |
|
|---|---|
| Date | 2021-01-27 |
| Target | Tall Oak Midstream III |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Tailwater Capital |
| Sellers(s) | EnCap Flatrock Midstream |
| Deal Type | Secondary Buyout |
| Advisor(s) | Winston & Strawn (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2013 |
| PE ASSETS | 4.4B USD |
| Size | Large |
| Type | Sector Focused |
Tailwater Capital LLC is a specialist private equity firm focused on middle-market opportunities in the midstream and upstream sectors of the energy industry. Tailwater will consider acquisitions of non-core assets, roll-up situations, anchored greenfields, and joint ventures. Tailwater Capital was formed in 2013 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 28 |
| Sector: Oil/Gas Exploration M&A | 8 of 9 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Oklahoma M&A | 4 of 4 |
| Country: United States M&A | 22 of 28 |
| Year: 2021 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-27 |
Tall Oak Midstream II
Edmond, Oklahoma, United States Tall Oak Midstream II is a full-suite midstream provider serving customers in the Mid-Continent. Tall Oak II was established to pursue greenfield and acquisition opportunities in oil and gas plays across North America and currently consists of over 750 miles of low and high-pressure gathering lines across eight Oklahoma counties in the STACK Extension. Tall Oak Midstream II is based in Edmond, Oklahoma. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-17 |
NorTex Midstream Partners
Houston, Texas, United States NorTex Midstream Partners is an independently owned developers and operators of high-deliverability, multi-cycle natural gas storage capacity. NorTex was founded in 2007 and is based in Houston, Texas. |
Buy | - |
| 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 | 12 of 16 |
| Sector: Oil/Gas Exploration M&A | 10 of 12 |
| Type: Secondary Buyout M&A Deals | 6 of 6 |
| State: Oklahoma M&A | 4 of 4 |
| Country: United States M&A | 12 of 16 |
| Year: 2021 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-27 |
Tall Oak Midstream II
Edmond, Oklahoma, United States Tall Oak Midstream II is a full-suite midstream provider serving customers in the Mid-Continent. Tall Oak II was established to pursue greenfield and acquisition opportunities in oil and gas plays across North America and currently consists of over 750 miles of low and high-pressure gathering lines across eight Oklahoma counties in the STACK Extension. Tall Oak Midstream II is based in Edmond, Oklahoma. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-16 |
Nuevo Midstream Dos
Houston, Texas, United States Nuevo Midstream Dos is specialized in design, building and operating world-class midstream systems and delivers superior service to oil and gas producers across North America. Nuevo Dos pursued organic and strategic acquisition opportunities across North America. Nuevo Midstream Dos was formed in 2015 and is based in Houston, Texas. |
Sell | - |
