EnCap Flatrock Midstream-backed Clearfork Midstream completed the acquisition of Azure Midstream Energy.

EnCap Flatrock Midstream-backed Clearfork Midstream, a growth-oriented midstream company, completed the acquisition of Azure Midstream Energy, a fee-based, growth-oriented midstream company based in Dallas. Financial terms were not disclosed. "Over the past few years, we have developed strong relationships with key members of the EFM team. The firm’s unparalleled reputation is well deserved. They have the financial strength we need and understand midstream better than anyone in the venture capital business. They aligned with us on the acquisition of Azure Midstream and Azure’s growth potential. We are very pleased to be part of the EFM family of companies," Kipper Overstreet, Clearfork CEO.