A Locke Lord team led by Bill Swanstrom (Houston) represented American Midstream Partners LP in its merger agreement with JP Energy Partners LP to create a combined midstream platform. The transaction was announced on Oct. 24, 2016 and successfully closed March 8, 2017 with a majority vote in favor of the merger. The combined partnership has an estimated enterprise value of $2 billion and creates a diversified midstream business operating in leading North American basins, including the Permian, Gulf of Mexico, Eagle Ford, East Texas and Bakken. For more information, view the American Midstream press release. Additional Locke Lord team members included David Taylor, Mitch Tiras, Jeff Wallace and Ben Smolij (all of Houston) and Van Jolas (Dallas).
Posted March 8, 2017