SP Investor (OPTrust & Partners Group) Buys Unit Corporation's Stake in Superior Pipeline Company
April 24, 2023
SP Investor Holdings LLC, a vehicle jointly owned by OPTrust and Partners Group, acquired Unit Corporation's 50% interest in Superior Pipeline Company, resulting in SP Investor owning 100% of the business and rebranding it as Superior Midstream, LLC. The move consolidates ownership under the SP Investor group and positions the company to grow its natural gas gathering, processing, compression, and dehydration services.
- Buyers
- SP Investor Holdings LLC, OPTrust, Partners Group
- Targets
- Superior Pipeline Company
- Sellers
- Unit Corporation
- Industry
- Oil & Gas
- Location
- Oklahoma, United States
- Transaction Type
- Buyout
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