One-Page Deal Sheet
Azure Acquires 100% General Partner of Marlin Midstream
Azure Midstream Martin Midstream Partners Lp
Announced Date
January 15,2015
Close Date
March 01,2015
Transaction Type
Corporate
Location
Region
Ark-La-Tex
Country
United States
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Transaction Details: Require Private Equity Subscription
Closing Announcement - March 1, 2015
Azure Midstream Energy, LLC announced the successful completion of its acquisition of (i) 100% of Marlin Midstream GP, LLC, Marlin Midstream Partners, LP's general partner, (ii) 90% of Marlin Midstream GP, LLC's incentive distribution rights in Marlin, and (iii) an option to acquire 20% of NuDevco Midstream Development, LLC's 10.7 million limited partnership units in Marlin. In a separate transaction, Azure contributed its Legacy gathering system to Marlin for $162.5 million in cash.
At closing, $95 million of proceeds from the Legacy contribution was used…
Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-19-2022 |
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| Apr-01-2020 |
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| Nov-11-2019 |
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| Oct-18-2019 |
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| Nov-16-2018 |
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