Houston Locke Lord Team Advises Tivoli Midstream in Acquisition of Strategic Terminal and Infrastructure Assets

A Locke Lord team led by Mark Miller and Case Towslee (both of Houston) advised Tivoli Midstream, LLC, a growth-oriented midstream, logistics and services company, in its acquisition of strategic terminal and infrastructure assets located in the Gulf Coast of Texas in Brazoria County, known as the Chocolate Bayou Assets, from affiliates of Ascend Performance Materials, LLC, a global chemical and materials manufacturer. The Chocolate Bayou Assets consist of approximately three million barrels of storage capacity with over 100 storage tanks. Tivoli Midstream’s acquisition of the Chocolate Bayou Assets will allow the company to create a leading Gulf Coast infrastructure hub offering customized solutions for its customers at the new facility. For more information, see the press release. Additional assistance was provided by Bill Swanstrom, Jerry Higdon, Rachel Fitzgerald, Tammi Niven, Jeff McPhaul, Shumaila Dhuka, Lani Blake, Shaylen Jessop and Marshall Moorhouse (all of Houston).
Posted on May 6, 2024