.
MergerLinks Header Logo

New Deal


Announced

Completed

First Infrastructure Capital Advisors acquired WhiteWater Midstream from Denham Capital Management and Ridgemont Equity Partners.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Oil Equipment and Services

Acquisition

oil & gas transportation

Private

United States

Completed

Private Equity

Synopsis

Edit

First Infrastructure Capital Advisors acquired WhiteWater Midstream, a provider of transportation services to oil and gas plays, from Denham Capital Management and Ridgemont Equity Partners. Financial terms were not disclosed. Christer Rundlof, CEO of WhiteWater said, “We are very excited about our new partnership with First Infrastructure Capital, who provides us with access to strong construction and operations expertise and access to significant capital to continue to expand the Agua Blanca system and execute other projects under development. WhiteWater is committed to continuing to partner with shippers in the Delaware Basin. Our new sponsor has a long investment horizon that will allow us to continue to manage the asset for the long term.”

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US