#USA #Dallas #Tailwater Capital #energy investment #Central Midstream

Tailwater Capital's Strategic Acquisition of Central Midstream

In a significant move in the energy sector, Tailwater Capital LLC, a private equity firm focused on energy and infrastructure, has recently announced the acquisition of a majority interest in Central Midstream Partners, LLC. This acquisition marks a pivotal moment for both companies, as it positions Central Midstream for accelerated growth while strengthening Tailwater's portfolio in the natural gas demand-pull infrastructure sector.

Central Midstream, originally established as Central Crude over fifty years ago, has built a strong foundation in the Gulf Coast and Utica regions, providing essential liquids transportation, storage, and terminal services to its diverse customer base.

The Importance of the Acquisition

Drew Winston, Managing Director at Tailwater Capital, expressed excitement about the new partnership, stating, "Central Midstream represents an expansion of Tailwater's investments in natural gas demand-pull infrastructure. The Jordan family has built a remarkable business, and we are excited to support George and his team on the next phase of growth."

This strategic investment reflects Tailwater Capital's commitment to supporting companies that align with growing market needs while prioritizing reliable energy solutions. In an industry increasingly driven by the demand for cleaner energy and efficient resource management, this move puts Tailwater at the forefront of strategic growth opportunities.

Central Midstream's Infrastructure and Services

Central Midstream boasts an extensive portfolio of logistical and midstream infrastructure assets, featuring over 100 miles of pipeline, approximately 350,000 barrels of storage capacity, and a pivotal multi-modal terminal located in Ohio that connects Utica Condensate production to crucial waterborne and rail markets. This infrastructure is essential for meeting the expected demand in both regional and global markets.

CEO George Jordan highlighted the significance of this partnership, stating that, "For more than 50 years, our family has focused on safely and reliably serving customers across the Gulf Coast and Utica regions. Partnering with Tailwater marks an important milestone for our business. Their deep sector expertise and commitment to long-term value creation will allow us to accelerate growth opportunities at scale."

Looking Ahead

Alongside the acquisition, Tailwater Capital plans to invest additional equity from its Tailwater Fund V to facilitate Central Midstream's near-term growth projects. George Jordan will continue to lead the company as CEO, ensuring that the existing mission and quality of service remain at the forefront.

About Tailwater Capital

Established in Dallas, Tailwater Capital has a well-regarded reputation in the energy and infrastructure private equity firm landscape. Since its inception, the firm has successfully raised over $6 billion in committed equity capital and has conducted more than 235 transactions, collectively valued at over $28 billion. Tailwater's team is committed to partnering with proven management teams to deliver innovative, value-added solutions in the dynamic energy sector.

For more information, please visit Tailwater Capital and Central Midstream.