Porter Hedges represents Elevate Midstream Partners, LLC (Elevate) in the acquisitions of Woodland Midstream Partners, LP (Woodland) and the assets of Orion Pipeline, LLC (Orion). These acquisitions consist primarily of gas gathering, treating and processing assets in East Texas.
The acquisitions were completed in partnership with Elevate’s financial sponsor, Tailwater Capital, an energy-focused private equity firm based in Dallas.
Headquartered in Houston, Texas, Elevate is a private midstream service company focused on providing responsive, scalable, value enhancing midstream solutions to exploration and production customers across the US onshore oil and gas production basins.
The Porter Hedges team was led by Kevin Poli with assistance from Geoff Schultz, Allison Wilbanks and Joe Laurel. Mac Marshall also advised on the Orion transaction.
For additional information, see the Elevate press release here.