Tailwater Capital announced three acquisitions in the last month, and the firm’s co-founders and managing partners said there will be more to come in 2021.
The Dallas-based private equity firm, which focuses on middle market infrastructure associated with energy, expects this to be an active year for acquisitions, about one year after it closed its fourth midstream fund for $1.1 billion.
“We are fully immersed in the energy spectrum, and always have been. And so what that means is, we intend to play a significant role in energy and how it is delivered today, how it’s delivered tomorrow and how it’s delivered in 5-10 years,” Herring said. “We’re just going to be present in all of that. And that’s the punchline.”
Source: The Business Journals
By Catherine Leffert
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