One-Page Deal Sheet
NGL Energy Finalizes M&A Deal with Midstream-focused Gavilon LLC
NGL Energy Partners Lp Gavilon Llc
Announced Date
November 06,2013
Close Date
December 03,2013
Transaction Type
Corporate
Transaction Details: Subscribe to see
NGL Energy Partners LP has completed the acquisition of all of the equity interests of Gavilon LLC, the diversified midstream energy business owned by funds managed by Ospraie Management, General Atlantic and Soros Fund Management.
Gavilon principally operates integrated crude oil storage, terminal and pipeline assets located in Oklahoma, Texas and Louisiana, along with a complementary crude oil and refined products supply, marketing and logistics business (SM&L). Gavilon’s crude oil assets include a 50 percent interest in Glass Mountain Pipeline, 4.14 million owned and 3.85 million leased…