Announced
Financials
Tags
Majority
Single Bidder
Private Equity
United States
Integrated Oil and Gas
Private
gas gathering pipeline
natural gas gathering
Domestic
Friendly
Acquisition
Pending
Synopsis
Tailwater Capital-backed Tall Oak Midstream II, a full suite midstream provider serving customers in the Mid-Continent, agreed to acquire Redcliff Midstream, a provider of gas gathering, treating and processing services, from Canyon Midstream Partners, an independent midstream company. Financial terms were not disclosed. "Redcliff Midstream's complementary network of high-quality assets and its diverse customer base are a perfect fit for Tall Oak as we continue to grow our footprint and service offerings in the region. We are thrilled with how quickly our partnership with the Tailwater team has presented new opportunities, and we look forward to continuing to work together to grow our business while maintaining best-in-class service for our customers," Max Myers, Tall Oak CFO.
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