Investment Summary

TransMontaigne Partners Invests In Olympic Pipeline

On September 14, 2017, TransMontaigne Partners invested in energy services and equipment company Olympic Pipeline from BP

Investment Highlights
  • This is TransMontaigne Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is TransMontaigne Partners’ 1st transaction in the United States.
  • This is TransMontaigne Partners’ 1st transaction in Washington.

Investment Summary
Date 2017-09-14
Target Olympic Pipeline
Sector Energy Services and Equipment
Investor(s) TransMontaigne Partners
Sellers(s) BP
Deal Type Stake Purchase

Target

Olympic Pipeline

Renton, Washington, United States
The Olympic Pipeline is a regulated interstate refined products pipeline system that spans approximately 400 miles across the states of Washington and Oregon.

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Investor(S) 1

Investor

TransMontaigne Partners

Denver, Colorado, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

TransMontaigne Partners is a provider of terminaling, storage, transportation, and related services to the energy industry. TransMontaigne Partners owns and operates a diversified network of midstream terminals located in strategic markets throughout the United States. TransMontaigne Partners is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Stake Purchase) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-27 Canterm Canadian Terminals

Montreal-East, Quebec, Canada

Canterm Canadian Terminals – a company with two distribution terminals for the storage and handling of refined products in Montreal and Quebec City, Canada.

Sell -

Seller(S) 1

SELLER

BP

London, United Kingdom
Category Company
Founded 1908
Sector Oil/Gas Exploration
Employees87,800
Revenue 210.1B USD (2023)
DESCRIPTION
BP fuel station in Duluth, Minnesota.
BP fuel station in Duluth, Minnesota.

BP is an integrated oil and gas company with operations in Europe, the US, Canada, Russia, South America, Australasia, Asia and parts of Africa. BP provides customers with fuel for transportation, energy for heat and light, lubricants, and petrochemicals products used to make items as diverse as paints, clothes and packaging. BP was founded in 1908 and is based in London, England.

DEAL STATS #
Overall 13 of 16
Sector (Energy Services and Equipment) 1 of 3
Type (Stake Purchase) 5 of 7
State (Washington) 1 of 1
Country (United States) 9 of 10
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Clean Energy Fuels - Biomethane Business

Newport Beach, California, United States

Clean Energy Fuels Corp. - Biomethane Business is provider of downstream renewable natural gas products and services in US.

Buy $155M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Thorntons

Louisville, Kentucky, United States

Thorntons operates 191 c-stores in Florida, Illinois, Indiana, Kentucky, Ohio, and Tennessee. The company's mission is to provide top-of-the-line food and beverages while making giving back a top priority in every market. Thorntons was founded in 1971 and is headquartered in Louisville, Kentucky.

Buy -
Mergr

Product

Company

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