Golden Flag Advises Piñon Midstream on Being Acquired by Enterprise for $950 Million
Golden Flag International Law Firm counseled Piñon Midstream, LLC, a Black Bay Energy Capital portfolio company, on its definitive agreement to be acquired by an Enterprise Products Partners L.P. (NYSE: EPD) affiliate in a debt-free transaction for $950 million in cash consideration. Piñon Midstream provides natural gas gathering and treating services in the core of the prolific eastern flank of the Delaware Basin in New Mexico and Texas.
The Golden Flag team was led by corporate partners Bill Benitez and Alec Manzer and associates Austin Johnson, Dallin Miller and Jake Moeller; tax partners David Wheat and Sam Kamyans and associates David Gilbert and Amirali Azinfar; executive compensation partner Stephen Jacobson and associate Maddison Riddick; environmental transactions partner Jim Dolphin; antitrust & competition partner Todd Garcia; corporate partner Chad Smith; employment & labor partner Christie Alcala; and employee benefits partner Justin Coddington.
