USD Partners LP to Acquire Hardisty South Terminal Assets

March 28, 2022

USD Partners LP has entered into an agreement to acquire entities owning the Hardisty South terminal assets from USD Group LLC in a transaction valued at $75 million in cash plus approximately 5.75 million common units. The deal is expected to close in the second quarter of 2022, subject to required consents.

Buyers
USD Partners LP
Targets
Hardisty South terminal assets (entities owning Hardisty South)
Sellers
USD Group LLC
Industry
Infrastructure
Location
Canada
Transaction Type
Buyout

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