Azure Midstream Energy, LLC
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Azure Midstream Energy, LLC - overview
Established
2012
Location
-, TX, US
Primary Industry
Oil & Gas
About
Based in Texas, US, and founded in 2012, Azure Midstream Energy, LLC operates as a midstream oil and gas enterprise. In July 2012, Energy Spectrum Capital acquired Azure Midstream Energy, LLC. In January 2022, Clearfork Midstream LLC, a portfolio company of EnCap Flatrock Midstream, agreed to acquire Azure Midstream Energy, LLC from Energy Spectrum Capital. The acquisition was completed in February 2022.
The company provides services for gas producers, including gathering, compressing, treating, and processing natural gas. It also offers community relations and right-of-way easement services for the completion of gathering natural gas. The company generates revenue by providing various oil and gas services to businesses across North America. With its acquisition by Clearfork Midstream LLC, the company plans to increase the efficiency of its systems and pursue additional acreage dedications, throughput volumes, and regional infrastructure.
Current Investors
EnCap Flatrock Midstream, Clearfork Midstream LLC
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Transportation, Oil & Gas Equipment and Services
Website
www.azuremidstream.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Azure Midstream Energy, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Azure Midstream Energy, LLC | - | ||||||||
| Buyout | Completed | Azure Midstream Energy, LLC | - |
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