Golden Gate Capital 完成 Stonehill Environmental 出售

私募股权公司 Golden Gate Capital 已完成对能源基础设施公司 Stonehill Environmental Partners 的出售,出售金额未公开。


私募股权公司Golden Gate Capital于 3 月 11 日宣布,已完成将能源基础设施公司Stonehill Environmental Partners出售给一位未公开的买家。 

该交易的财务条款尚未披露。

Stonehill 为能源客户提供水处理服务。该公司成立于 2021 年,由 Golden Gate Capital 和 Stonehill 首席执行官 Jay Parkinson 共同投资成立。

Parkinson、Golden Gate Capital 和 Stonehill 团队曾合作成立水基础设施解决方案提供商 Hillstone Environmental Partners。2019年,Golden Gate Capital 以 6 亿美元的价格将其出售给NGL Energy Partners LP 。

“我们很高兴与杰伊及其才华横溢的团队再次成功合作,”金门资本董事总经理 Javier Puig 表示。“在过去四年中,Stonehill 已牢固确立了其作为行业领先的环保高效水解决方案提供商的地位。此外,Stonehill 通过利用米德兰盆地一流的运营资产网络并与投资级 E&P 公司签订长期合同,实现了强劲的财务业绩和令人印象深刻的有机增长。”

Houlihan Lokey 和德意志银行担任 Stonehill 的财务顾问,Jones Day 担任法律顾问。

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Golden Gate Capital Completes Stonehill Environmental Sale

Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners for an undisclosed amount.


Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners to an undisclosed buyer, the firm announced March 11. 

Financial terms of the deal were not disclosed.

Stonehill offers water disposal services to energy customers. It was launched in 2021 with a de-novo investment from Golden Gate Capital in partnership with Stonehill CEO Jay Parkinson.

Parkinson, Golden Gate Capital and the Stonehill team have partnered together before when establishing Hillstone Environmental Partners, a provider of water infrastructure solutions. Golden Gate Capital sold it to NGL Energy Partners LP for $600 million in 2019.

“We are pleased to have completed another successful partnership with Jay and his talented team," said Javier Puig, a managing director at Golden Gate Capital. "Over the past four years, Stonehill has firmly established itself as an industry-leading provider of environmentally friendly, efficient water solutions. In addition, Stonehill achieved strong financial results and impressive organic growth by leveraging a premier network of operating assets in the Midland Basin and executing long-term contracts with investment grade E&P companies."

Houlihan Lokey and Deutsche Bank acted as financial advisors to Stonehill and Jones Day served as legal counsel.

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