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New Deal


Announced

Completed

Hartree Partners completed the acquisition of Targa Channelview from Targa Resources.

Financials

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

Tags

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Domestic

Oil Equipment and Services

midstream assets

Private

Acquisition

Single Bidder

Private Equity

Friendly

United States

Majority

Completed

Synopsis

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Private equity firm Hartree Partners completed the acquisition of Targa Channelview, an oil & gas company, from Targa Resources. Financial terms were not disclosed. “We believe this transaction represents a natural extension of Hartree’s experience investing in midstream and downstream infrastructure assets that are complementary to our core trading competencies,” Guy Merison, Hartree Partners Co-Founder.

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