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New Deal


Announced

Ergon Midstream Holdings to acquire EnLink Appalachian Compression, EnLink Appalachia, Ohio River Valley Pipeline and OOGC Disposal Company I from EnLink Midstream for $59.5m.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

United States

Diversified Industrials

Synopsis

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Ergon Midstream Holdings, a provider of integrated energy infrastructure services, agreed to acquire EnLink Appalachian Compression, EnLink Appalachia, Ohio River Valley Pipeline and OOGC Disposal Company I from EnLink Midstream, an integrated midstream company with a diverse geographic footprint and a strong financial foundation, for $59.5m.

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