Cavalcade Midstream
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Cavalcade Midstream - overview
Established
2018
Location
San Antonio, TX, US
Primary Industry
Oil & Gas
About
Cavalcade Midstream is a midstream company specializing in the development and management of critical infrastructure for the oil and natural gas industry, ensuring efficient transportation and processing of hydrocarbons across the United States. Cavalcade Midstream focuses on establishing pivotal infrastructure within the oil and natural gas sector. Founded in 2018, the company is headquartered in San Antonio, US. The company received funding through a GROWTH round in December 2018, raising USD 150.
000 mn from investors including Old Ironsides Energy and Pearl Energy Investments. Cavalcade has completed a single deal since its inception, establishing itself in the energy sector under the leadership of CEO Rich Reynolds, who has a background in energy-focused ventures. Cavalcade Midstream is a comprehensive midstream company primarily focused on developing and operating infrastructure to support the oil and natural gas sector in the United States. The company provides essential services including the transportation, storage, and processing of hydrocarbons, which are critical for ensuring efficient energy delivery from production sites to end users.
Their infrastructure solutions are designed to address challenges such as supply chain efficiency and market accessibility, catering to a diverse array of clients including exploration and production companies. Cavalcade’s primary market extends across several key oil and gas producing regions in the U. S. , enhancing the operational capabilities of their partners while fostering growth in the energy sector.
Cavalcade Midstream generates revenue through a combination of service fees associated with its midstream operations, including transportation and storage agreements with clients primarily in the oil and natural gas industries. The company engages in business-to-business transactions, structuring contracts that typically encompass long-term service agreements to ensure a steady flow of revenue. Clients are charged based on predetermined rates for the transportation and storage of hydrocarbons, which may vary depending on contract specifics and prevailing market conditions. The revenue model is designed to provide flexibility and reliability, positioning Cavalcade as a trusted partner in the energy sector.
Their commitment to creating value through competitive pricing and innovative solutions solidifies their reputation among existing and prospective clients. Cavalcade Midstream aims to further its growth strategy by developing new infrastructure projects aimed at enhancing service delivery in the oil and gas sector. The recent GROWTH funding of USD 150. 000 mn will be directed towards expanding its operational footprint in key U.
S. markets. The company is exploring opportunities to enter new geographic regions, with aspirations to broaden its service offerings by 2024, enhancing its market reach and addressing rising industry demands.
Current Investors
Old Ironsides Energy, Pearl Energy Investments
Primary Industry
Oil & Gas
Sub Industries
Petroleum Refining, Oil & Gas Exploration and Production, Oil & Gas Equipment and Services
Website
https://www.cavalcademidstream.com/
Verticals
Infrastructure
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Cavalcade Midstream - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Cavalcade Midstream | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.