Locke Lord Texas Team Advised Tailwater Capital's Sale of Align Midstream to M6 Midstream

A Locke Lord team led by Greg Heath and Case Towslee (all of Houston) advised Tailwater Capital LLC, a diversified, middle-market private equity firm, on its definitive agreements to sell Align Midstream Partners II, LLC, to M6 Midstream LLC. The financial terms of the transaction were not disclosed. The transaction is Tailwater's second successful exit for Align. In September 2017, Tailwater announced the sale of Align Midstream, LLC, to Enable Midstream for $300 million, which Locke Lord also advised. For more information, see the press release. Additional support was provided by Henry Benton, Van Jolas (both of Dallas), John Arnold, Ben Cowan, Laura Ferguson, Jerry Higdon, Eric Larson, Jeff McPhaul, Tammi Niven, Terry Radney, Ed Razim, Buddy Sanders, Bill Swanstrom, Jeannie Diep, Rachael Beavers, Akilah Craig, Caleb Dunson, Ashley Lopez and Andrew Nelson (all of Houston).
Posted on September 23, 2022