A Locke Lord team led by
Kevin Peter (Houston) represented Medallion Gathering & Processing, LLC in the company’s sale to an affiliate of Global Infrastructure Partners (GIP) for a cash purchase price of $1.825 billion, announced Oct. 2, 2017 and closed Oct. 30, 2017. Medallion, owned by The Energy & Minerals Group and Laredo Petroleum, Inc., is the largest privately held crude oil transportation system in the Midland Basin of West Texas and will retain its name and operate as a GIP Portfolio Company. For more information, please see the Medallion
press release. Additional Locke Lord team members included
Derrick Carson,
Jerry Higdon,
Eric Larson,
Tammi Niven,
Ed Razim,
Bill Swanstrom,
and
Laura Ferguson (all of Houston), and
Van Jolas (Dallas).
Posted on October 2, 2017