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Announced

Completed

EIV Capital completed an investment in Canes Midstream.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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midstream services

Private Equity

United States

Acquisition

Minority

Completed

Private

Single Bidder

Oil Equipment and Services

Friendly

Synopsis

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EIV Capital, a Houston-based private equity firm specializing in providing growth equity to the North American energy industry, completed an investment in Canes Midstream, a growth-oriented energy infrastructure company focused on acquiring and developing oil and gas midstream infrastructure. Financial terms were not disclosed. "We are pleased to partner with Canes as it acquires, develops, operates and commercializes oil and gas midstream infrastructure assets. The Canes team brings a robust background that spans numerous basins and commodities, positioning the team well to partner with producers looking for midstream solutions," Greg Davis, EIV Partner.

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