Bill Swanstrom, Co-Chair of Locke Lord’s Energy Practice Group, commented on M&A activity during the first half of 2018 in the midstream oil and gas sector noting that it has continued to be robust on the development/commercial side and the M&A side, but the capital markets will likely be challenging for the rest of the year.
He continued, “We’re not seeing a slowdown in the sector and are kicking off a number of new deals. Most of the M&A activity is being driven by private equity and infrastructure funds, while commercial/development activity is strong with both strategics and PE-backed companies.”
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