Operator
First Reserve Corp
3 buyer-side · 5 seller-side · 4 chain hops
M&A chain
Lineage of First Reserve Corp walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.
-
Predecessor (acquired by this company)
The Weir Group
- February 25, 2019
- View deal →
First Reserve has agreed to purchase Weir Flow Control, a designer, manufacturer and aftermarket services provider of engineered valves and pumps used in energy and broader industrial applications, from The Weir Group…
-
This company
First Reserve Corp
-
Acquirer
Crestwood Equity Partners LP
- May 25, 2022
- $395M
- View deal →
Crestwood Equity Partners LP has agreed to acquire First Reserve’s 50% equity interest in Crestwood Permian Basin Holdings LLC for $320 million in Crestwood common units, plus the assumption of $75 million in asset…
-
Acquirer
EnLink Midstream, LLC
- May 25, 2022
- $275M
- View deal →
Crestwood Equity Partners has struck a deal to divest its legacy, non-core Barnett Shale assets to EnLink Midstream LLC for $275 million in cash. This deal closed on July 1, 2022. The divestiture of Crestwood’s assets…
-
Acquirer
The Alberta Investment Management Corp.( AIMCo)
- December 21, 2016
- $190M
- View deal →
The EnLink Midstream companies agreed to monetize its approximately 31 percent common ownership interest in Howard Midstream Energy Partners (HEP) for net proceeds of approximately $190 million. Alberta Investment…
Acquisitions (Buyer)
First Reserve has agreed to purchase Weir Flow Control, a designer, manufacturer and aftermarket services provider of engineered valves and pumps used in energy and broader…
PE firm First Reserve has acquired the maintenance platform of EMS USA Inc. Houlihan Lokey acted as financial advisor to EMS in this transaction. Financial details of the…
BlackRock and First Reserve have entered into a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos (PEMEX), to acquire approximately forty-five…
Divestitures (Seller)
Crestwood Equity Partners LP has agreed to acquire First Reserve’s 50% equity interest in Crestwood Permian Basin Holdings LLC for $320 million in Crestwood common units, plus the…
First Reserve has agreed to purchase Weir Flow Control, a designer, manufacturer and aftermarket services provider of engineered valves and pumps used in energy and broader…
PE firm First Reserve has acquired the maintenance platform of EMS USA Inc. Houlihan Lokey acted as financial advisor to EMS in this transaction. Financial details of the…
BlackRock, Inc. has entered into a definitive agreement to acquire First Reserve Energy Infrastructure Funds (FREIF), the equity infrastructure franchise of First Reserve, a…
BlackRock and First Reserve have entered into a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos (PEMEX), to acquire approximately forty-five…