A Locke Lord team led by Joe Perillo (Houston) represented Epic Midstream LLC in the company’s sale from affiliates of White Deer Energy and Blue Water Energy to International-Matex Tank Terminals (IMTT) for $171.5 million. The acquisition is being funded by IMTT parent, Macquarie Infrastructure Corporation, and will provide a strategic presence in the Port of Savannah. It is expected to close on August 7, 2017. Additional assistance was provided by Steve Boyd, Jerry Higdon, Sara Longtain, Paul Pruett, Ed Razim, Buddy Sanders, Michelle Gutierrez-Begin, Jeannie Diep, Brooks Vanlandingham (all of Houston) and Van Jolas (Dallas).
Posted August 4, 2017