Tailwater Capital

Tailwater Capital is a private equity firm based in Dallas, Texas, founded in 2013. The firm specializes in investing in midstream and upstream oil and gas companies, focusing on the middle market within the energy sector. Tailwater's principals bring significant experience in providing growth equity capital, having invested over $1 billion in domestic energy ventures over the past 14 years. The firm's diverse portfolio includes investments in companies such as BlackBrush Oil & Gas, TexStar Midstream Services, Petro Waste Environmental Partners, Align Midstream Partners, and Pivotal Petroleum Partners. Tailwater Capital is also a Registered Investment Adviser, highlighting its commitment to regulatory compliance in its investment activities.

Brian Blakeman

CFO and CCO

Alec Bucshon

Associate

Brady Burgin

Associate

David Cecere

Partner

William DeArman

Principal

Jason Downie

Co-Founder & Managing Partner

Olivia Edwards

Associate

Joel Fry

Partner

Lindsay Grider

Head of Investor Relations

Trey Hatcher

Vice President

Edward Herring

Co-Founder and Managing Partner

Clark Hudnall

Associate

Stephen Lipscomb

Partner

Mark Lutz

Senior Associate

Davis Moore

Associate

Reed Namnoum

Associate

Tanner Newton

Vice President

Scott Peters

Principal

James Pyle

Associate

John Spradling

Principal

Drew Winston

Principal

Alec Woodmansee

Associate

Michael Zincone

Associate

22 past transactions

Frontier Carbon Solutions

Private Equity Round in 2021
Frontier Carbon Solutions provides carbon sequestration services to reduce regional greenhouse gas emissions.

NorTex Midstream Partners

Acquisition in 2021
NorTex Midstream Partners, LLC specializes in the ownership and operation of natural gas storage facilities in Texas, focusing on high-deliverability, multi-cycle capacity. Founded in 2001 and based in Houston, Texas, the company is a subsidiary of Castleton Commodities International LLC as of 2018. NorTex manages over 36 billion cubic feet of gas storage, strategically interconnected with several major pipeline systems that serve the North Texas energy markets. The company's gas supplies are sourced from prominent regions, including the Permian Basin, the Barnett Shale, and the emerging SCOOP/STACK play in Oklahoma. NorTex emphasizes the maintenance of its storage facilities and pipeline systems to ensure reliability and optimize revenue for its clients, while prioritizing safe and environmentally responsible operations.

Elevate Midstream Partners

Private Equity Round in 2019
Headquartered in Houston, Texas, Elevate Midstream Partners LLC is a private midstream service company focused on providing responsive, scalable, value enhancing midstream solutions to exploration and production customers across the US onshore oil and gas production basins. Elevate Midstream's services include natural gas gathering, compression, treating, processing and transportation; crude oil and condensate gathering, stabilization, transportation and storage; produced water gathering and disposal, and related marketing services. Elevate Midstream is backed by Tailwater Capital LLC with an equity commitment of up to $100 million.

Goodnight Midstream

Private Equity Round in 2019
Goodnight Midstream, LLC provides professional fluids management services to oil and gas producers in North Dakota, Wyoming, Texas, and New Mexico. It owns and operates an extensive network of water gathering pipelines and salt water disposal wells focused on gathering and disposing of produced saltwater. The company was founded in 2011 and is based in Dallas, Texas.

Triten Energy Partners

Private Equity Round in 2019
Triten Energy Partners, LLC is a Houston-based firm that specializes in the acquisition and development of downstream facilities focused on producing fuels and chemicals for the refined products and petrochemical sectors. The company emphasizes renewable and lower-emission end-products, investing in infrastructure that supports these industries. Through strategic asset acquisitions and development projects, Triten Energy Partners aims to deliver valuable products while establishing a diverse portfolio that provides a competitive advantage to its commercial partners.

Nueces Midstream, LLC

Private Equity Round in 2019
Nueces Midstream, LLC, founded in 2019 and headquartered in San Antonio, Texas, specializes in the production, transportation, and processing of midstream oil and gas. The company was established by former executives from TexStar Midstream Logistics, BlackBrush Oil & Gas, and SemGas, who bring extensive experience in developing and operating midstream infrastructure. Nueces Midstream focuses on infrastructure development in South Texas and surrounding basins, designing and constructing a range of midstream assets to support the energy sector in these key producing areas.

Connect Midstream

Private Equity Round in 2018
Connect Midstream, LLC is a midstream services provider in the oil and gas sector, offering a comprehensive range of services that include natural gas gathering, processing, treating, and compression, as well as crude oil gathering, storage, and transportation. The company also specializes in condensate stabilization and splitting, produced water gathering, and marketing services. Established in 2017 and headquartered in Edmond, Oklahoma, Connect Midstream is committed to addressing the infrastructure demands of its customers by delivering tailored, innovative solutions. Its approach emphasizes a producer-focused strategy, prioritizing rapid response and a commitment to integrity, efficiency, and transparency in its operations.

Silver Creek Midstream

Private Equity Round in 2017
Headquartered in Irving, Texas, Silver Creek Midstream is a private midstream energy company focused on providing crude and liquid petroleum gathering, storage, and terminalling services in the Permian Basin and Powder River Basin. Silver Creek Midstream is backed by a $150 million funding commitment from Tailwater and Silver Creek Midstream management.

Elevate Midstream Partners

Private Equity Round in 2017
Headquartered in Houston, Texas, Elevate Midstream Partners LLC is a private midstream service company focused on providing responsive, scalable, value enhancing midstream solutions to exploration and production customers across the US onshore oil and gas production basins. Elevate Midstream's services include natural gas gathering, compression, treating, processing and transportation; crude oil and condensate gathering, stabilization, transportation and storage; produced water gathering and disposal, and related marketing services. Elevate Midstream is backed by Tailwater Capital LLC with an equity commitment of up to $100 million.

Copperbeck Energy Partners

Private Equity Round in 2017
Copperbeck Energy Partners LLC, founded in 2017 and based in Dallas, Texas, offers midstream and downstream-adjacent infrastructure and services specifically tailored for refineries, petrochemical, and industrial sectors. The company focuses on providing strategic investment services and employs an innovative approach to asset and corporate development. By emphasizing structuring, management, and operational flexibility, Copperbeck aims to address the unique needs of its clients in the energy industry, ensuring effective and efficient solutions that support their operational goals.

Align Midstream

Private Equity Round in 2017
Align Midstream Partners is a Dallas-based midstream company focused on serving producers’ needs in emerging and established basins within the US. Align is concentrated on building greenfield midstream assets including gas, crude oil and water gathering pipelines, treating and gas processing plants, and salt water disposal wells in emerging basins. Align is also focused on acquiring midstream assets in established basins and on creating opportunities through repurposing facilities as appropriate. Align Midstream Partner’s seasoned management team has a proven track record of providing their customers meaningful midstream solutions.

E2 Energy Services

Private Equity Round in 2017
E2 Energy Services is a midstream company providing midstream and energy services and solutions to the natural gas industry. E2 Energy Services develops, acquires, and operates midstream energy assets to handle and deliver customers' natural gas and liquids to market. E2’s assets include numerous facilities located in the Utica and Marcellus shale plays of Ohio and West Virginia with a total combined capacity of nearly 800 MMSCFD compressions and dehydration and 40,000 BPD stabilization with options for truck and pipeline takeaway.

Connect Midstream

Private Equity Round in 2017
Connect Midstream, LLC is a midstream services provider in the oil and gas sector, offering a comprehensive range of services that include natural gas gathering, processing, treating, and compression, as well as crude oil gathering, storage, and transportation. The company also specializes in condensate stabilization and splitting, produced water gathering, and marketing services. Established in 2017 and headquartered in Edmond, Oklahoma, Connect Midstream is committed to addressing the infrastructure demands of its customers by delivering tailored, innovative solutions. Its approach emphasizes a producer-focused strategy, prioritizing rapid response and a commitment to integrity, efficiency, and transparency in its operations.

Cureton Midstream

Private Equity Round in 2017
Cureton Midstream develops and operates infrastructures to transport and process natural gas products from oil and gas wells. Cureton's services involve the transportation, storage, and wholesale marketing of crude or refined petroleum products.

Producers Midstream

Private Equity Round in 2016
Headquartered in Dallas, Texas, Producers is a newly-formed portfolio company that will focus primarily on greenfield and strategic acquisition opportunities in high growth basins across the United States.

Goodnight Midstream

Private Equity Round in 2016
Goodnight Midstream, LLC provides professional fluids management services to oil and gas producers in North Dakota, Wyoming, Texas, and New Mexico. It owns and operates an extensive network of water gathering pipelines and salt water disposal wells focused on gathering and disposing of produced saltwater. The company was founded in 2011 and is based in Dallas, Texas.

TopSail Energy

Private Equity Round in 2016
TopSail Energy, LP engages in recycling, processing, storage, transmission, and transportation for natural gas, liquefied petroleum gas, fuel oil, crude oil, and waste oil. The company was founded in 2016 and is based in The Woodlands, Texas.

Southcross Energy

Post in 2015
Southcross Energy is an oil and energy company based in Dallas, Texas, specializing in natural gas and natural gas liquids (NGL) services. Founded in 2009, the company provides a range of services including the gathering, processing, treating, compression, and transportation of natural gas. Additionally, Southcross Energy offers NGL fractionation and transportation services, along with sourcing, purchasing, and selling natural gas and NGLs. With a focus on efficient energy solutions, Southcross Energy plays a vital role in the natural gas market.

Texstar Midstream Logistics

Private Equity Round in 2014
Texstar Midstream Logistics is a midstream company that builds and operates various midstream assets, focusing on oil and gas gathering, transportation, and processing. Texstar's focus lies in providing services to oil and gas producers in South Texas, alongside owning and operating a 20,000 BPD capacity, 56-mile crude oil pipeline system that supplies Eagle Ford crude to the Calumet San Antonio, Texas refinery.

Petro Waste Environmental

Private Equity Round in 2014
Petro Waste Environmental provides oilfield environmental services and solid waste disposal. It serves the Permian Basin and Eagle Ford Shale Play, which are the most economically active oil and gas producing regions in the U.S. The company was founded in 2013 and is headquartered in San Antonio, Texas.

Pivotal Petroleum Partners

Private Equity Round in 2013
Pivotal Petroleum Partners is an oil and gas company that acquires and leases non-operated working interests and leasehold positions alongside exploration and production companies in premier resource plays and leasehold positions. The company targets opportunities that allow it to be an active participant in areas where the pace of drilling is increasing and full-field development is a priority to the operator.

Regency Energy Partners

Private Equity Round in 2004
Regency Energy Partners LP (the Partnership) is engaged in the gathering and processing, contract compression, treating and transportation of natural gas and the transportation, fractionation and storage of natural gas liquids (NGLs). The Partnership operates in five business segments: Gathering and Processing, Joint Ventures, Contract Compression, Contract Treating, and Corporate and Others. Its assets are primarily located in Texas, Louisiana, Arkansas, Pennsylvania, California, Mississippi, Alabama, West Virginia and the mid-continent region of the United States, which includes Kansas, Colorado and Oklahoma. In March 2014, the Company acquired PVR Partners, L.P.