Crestwood Equity Partners Acquires Sendero Midstream Partners

Crestwood Equity Partners Acquires Oasis Midstream Partners in ~$1.8 Billion Deal

February 1, 2022

Energy

Crestwood Equity Partners LP completed its previously announced merger with Oasis Midstream Partners LP, enhancing Crestwood’s scale in the Williston and Delaware Basins. The deal combines complementary midstream assets and is expected to deliver roughly $45 million in operational and commercial synergies.

Energy Transfer to Acquire Crestwood Equity Partners in $7.1 Billion All-Equity Deal

August 16, 2023

Energy

Energy Transfer LP will acquire Crestwood Equity Partners LP in an all-equity transaction valued at approximately $7.1 billion, including the assumption of about $3.3 billion of debt. The merger is expected to close in the fourth quarter of 2023, subject to approvals and customary closing conditions.

Enterprise Products Partners Acquires Piñon Midstream

August 21, 2024

Infrastructure

Enterprise Products Partners L.P. (through an affiliate) entered into a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital for $950 million in a debt-free cash transaction. Enterprise later announced the acquisition was completed. Piñon Midstream provides natural gas gathering and treating services in the Delaware Basin’s eastern flank in New Mexico and Texas, including sour gas treatment and CO2 permanent sequestration-related infrastructure.

Kinder Morgan Acquires NextEra Energy Partners' South Texas Assets (STX Midstream)

December 28, 2023

Oil & Gas

Kinder Morgan closed its previously announced $1.815 billion acquisition of NextEra Energy Partners' South Texas assets (STX Midstream), acquiring majority interests in multiple natural gas pipelines including a 90% interest in the NET Mexico pipeline and a 50% interest in Dos Caminos LLC. The assets expand Kinder Morgan's South Texas footprint and provide greater connectivity to LNG, Mexico export and Gulf Coast power and industrial markets.

Western Midstream Acquires Meritage Midstream for $885M

September 5, 2023

Energy

Western Midstream Partners, LP agreed to acquire Meritage Midstream Services II, LLC in an all-cash transaction for $885 million to expand its Powder River Basin footprint. The deal adds ~1,500 miles of gathering pipelines, ~380 MMcf/d processing capacity and the Thunder Creek NGL pipeline; closing was expected in Q4 2023 subject to customary approvals.

Blue Team Holdings Acquires Sendero Restoration Services

December 6, 2021

Construction

Blue Team Holdings, LLC (BlueTeam), a Boca Raton-based provider of restoration, construction and roofing services, has acquired Sendero Restoration Services, LLC, a Houston-headquartered commercial roofing and general contracting firm specializing in insurance restoration. The deal expands BlueTeam's roofing capabilities and national footprint, positioning the combined business as a larger national provider to commercial property owners and operators.