.
MergerLinks Header Logo

New Deal


Announced

Harvest Midstream to acquire Paradigm Midstream from Ares Management.

Financials

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

Tags

Edit

crude oil transportation

Acquisition

Majority

Private

Integrated Oil and Gas

Pending

United States

Domestic

Private Equity

Friendly

Single Bidder

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US