Announced
Completed
Financials
Tags
Private Equity
Acquisition
United States
Integrated Oil and Gas
Private
Friendly
Domestic
Majority
natural gas
Single Bidder
Completed
Synopsis
Enterprise Products Partners, a provider of midstream energy services to producers and consumers of natural gas, completed the acquisition of Navitas Midstream, a natural gas gathering, treating and processing services provider, from Warburg Pincus, a growth investor, for $3.3bn. "We are excited to contribute our unique Midland Basin system to Enterprise, one of the premier midstream operators. We have succeeded in our goal of creating a unique company that provides critical infrastructure to meet the needs of our Midland Basin producers," R. Bruce Northcutt, Navitas CEO.
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