Harvest Midstream to acquire Paradigm Midstream from Ares Management.

Harvest Midstream, a midstream services provider, agreed to acquire Paradigm Midstream, a midstream company, from Ares Management, an asset management company. Financial terms were not disclosed. “The Paradigm Systems are a perfect fit for Harvest’s expanding network of first-class midstream assets. Not only does this acquisition allow Harvest to further extend its footprint in the Eagle Ford, but with its systems in North Dakota, we will now expand our geographic presence into one of the country’s premier, high-quality basins,” Jason C. Rebrook, Harvest CEO.