M&A Deal Summary

USD Partners Acquires Casper Crude to Rail

On October 12, 2015, USD Partners LP acquired construction company Casper Crude to Rail LLC from Stonepeak Infrastructure Partners for 225M USD

Acquisition Highlights
  • This is USD Partners’ 1st transaction in the Construction sector.
  • This is USD Partners’ 1st largest (disclosed) transaction.
  • This is USD Partners’ 1st transaction in the United States.
  • This is USD Partners’ 1st transaction in Wyoming.

M&A Deal Summary

Date 2015-10-12
Target Casper Crude to Rail LLC
Sector Construction
Buyer(s) USD Partners LP
Sellers(s) Stonepeak Infrastructure Partners
Deal Type Add-on Acquisition
Deal Value 225M USD

Target

Casper Crude to Rail LLC

Casper, Wyoming, United States
Casper Crude to Rail LLC is a company develop, construct and operate crude oil rail infrastructure.

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Buyer(S) 1

Buyer

USD Partners LP

Houston, Texas, United States

website


Category Company
Founded 2014
SectorInfrastructure
Revenue 120M USD (2020)
DESCRIPTION

USD Partners is a master limited partnership formed by US Development Group, LLC to acquire, develop and operate energy-related rail terminals and other high-quality and complementary midstream infrastructure assets and businesses. USD Partners was founded in 2014 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Stonepeak Infrastructure Partners

website


Category Infrastructure
Founded 2011
PE ASSETS 37.0B USD
SizeMega
Type Sector Focused
DESCRIPTION

Stonepeak Infrastructure Partners is a private equity firm focused on North American infrastructure investing. Specific areas of interest include energy assets, power/renewables, transportation, utilities, water, and communications. Stone peak Infrastructure Partners was formed in 2011 and has offices in New York City and Houston.


DEAL STATS #
Overall 1 of 4
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
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DATE TARGET DEAL TYPE VALUE
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ExteNet Systems is a designer and operater of distributed networks for use by wireless carriers and property owners in key markets. Using distributed antenna systems (DAS), remote radio heads (RRH), small cells, Wi-Fi, software-defined network (SDN) based Evolved Packet Core (EPC) and other technologies, ExteNet deploys solutions to enhance wireless service and network performance across both outdoor and indoor environments.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 Hygo Energy Transition Ltd.

Hamilton, Bermuda

Hygo Energy Transition is a provider of liquefied natural gas-based downstream services based in Hamilton, Bermuda.

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