M&A in the Permian Basin

[dan_s]

Fort Worth-based Brazos Midstream Holdings, LLC and its financial sponsor, Old Ironsides Energy, have entered into a definitive agreement to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (NHIP II) and related funds for approximately $1.75 billion in cash. Closing is expected in the second quarter of 2018.

[mattreue]

Another example of private equity buying in. Are these midstream assets?

[dan_s]

Yes