Announced
Completed
Financials
Sources
Tags
Private Equity
United States
Oil Equipment and Services
Venture Capital
crude oil transportation
Private
Acquisition
Completed
Majority
Single Bidder
Friendly
Synopsis
HBC Investments, a growth capital provider, and Barcas Investments, a Houston, Texas-based midstream company, completed the acquisition of Getka Energy, a crude oil logistics provider, from EnCap Flatrock Midstream, a venture capital firm based in San Antonio. Financial terms were not disclosed. "Getka is grateful to EnCap Flatrock Midstream for its early-stage support. We look forward to continuing to grow our business as we work with the teams at HBC and Barcas under a new partnership to expand our footprint in the Mid-Continent," Dariusz Cichocki, Getka CEO.
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