Third Coast Midstream, LLC
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.
Third Coast Midstream, LLC - overview
Established
2009
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Third Coast Midstream, LLC is a key player in the energy sector, providing essential midstream services for the transportation and processing of hydrocarbons across North America. Founded in 2009, Third Coast Midstream, LLC operates primarily in Houston, US, focusing on midstream services for hydrocarbon transportation and processing. In July 2019, ArcLight Capital Partners acquired Third Coast Midstream, LLC, f. k.
a. American Midstream Partners, LP for USD 5. 25 per share, for a total value of approximately USD 278. 3 million in an all-cash Public-to-Private transaction.
In June 2021, unspecified infrastructure investment vehicle acquired a minority stake in Lighthouse Super Holdings, LLC for an undisclosed sum. As part of the transaction, Third Coast Midstream, LLC sold 50% interest in its subsidiary Lighthouse Super Holdings, LLC. Third Coast Midstream specializes in innovative midstream services, including pipeline transportation, logistics, and storage solutions to optimize the flow of hydrocarbons from production sites to end-users. Their services address logistical challenges faced by energy producers, ensuring efficient resources movement compliant with regulatory standards, targeting clients such as energy producers and utility companies, particularly in energy-rich regions like the Permian Basin and Marcellus Shale.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Total Amount Raised
Subscriber access only
Third Coast Midstream, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Third Coast Midstream, LLC | - | ||||||||
| Public to Private | Completed | Third Coast Midstream, LLC | - |
Displaying 1 - 2 of 2
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.