TPG Capital $930 million acquisition of Goodnight Midstream

11/3/2019
Private acquisition

$ 930 million

Announced

11/3/2019


Overview:

  • Private equity firm TPG Capital has acquired oilfield services company Goodnight Midstream in a $930 million deal. 
  • Goodnight Midstream provides infrastructure for oilfield water management.
  • BMO Capital Markets served as financial adviser for TPG and Jefferies and Credit Suisse Securities advised Goodnight Midstream. 
  • The transaction is expected to close in the second quarter. 

Kurt Stumpo - US Editor

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Oil and gas


Firms:

Party: TPG Capital (Acquirer)


Party: Goodnight Midstream (Target)