Western Midstream Announces Expansion Of Powder River Basin Footprint With The Acquisition Of Meritage Midstream
Acquiring Company
ARIS Water Solution
Acquired Company
Meritage Midstream Services Ii
The WoodlandsEnergyEnergyOil And GasDescription
Western Midstream Partners, LP (“WES” or the “Partnership”) (NYSE: WES) today announced that one of its operating subsidiaries has signed an agreement to acquire Meritage Midstream Services II, LLC (“Meritage”) in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments. Meritage, a privately held midstream company headquartered in Denver, Colorado, owns and operates a large-scale natural gas gathering and processing business in the Powder River Basin of Wyoming. Completion of the transaction is expected in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals.
Quick answer
ARIS Water Solution is acquiring Meritage Midstream Services Ii, announced September 5, 2023. ARIS Water Solution is based in The Woodlands, Texas, United States.
- How much did ARIS Water Solution pay for Meritage Midstream Services Ii?
- The deal value was not disclosed.
- What does ARIS Water Solution do?
- ARIS Water Solution is engaged in the water solutions industry.
- Where are ARIS Water Solution and Meritage Midstream Services Ii based?
- ARIS Water Solution is based in The Woodlands, Texas, United States.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Energy
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- ONEOK acquires Magellan Midstream for $18.8 billion, $19B (September 25, 2023)
- Energy Transfer To Acquire Crestwood In A $7.1 Billion All-Equity Transaction, $7.1B (August 16, 2023)
- Oneok Announces Filing Of Definitive Proxy Statement In Connection With Its Pending Acquisition Of Magellan Midstream Partners (July 25, 2023)
- Titan Cloud Acquires Leighton O'Brien To Lead The Global Fuel Software Industry (September 26, 2023)
- Chevron Completes Acquisition Of Pdc Energy (August 7, 2023)
- Emerson Completes Acquisition Of Ni, Advancing Global Automation Leadership (October 11, 2023)
Who to call at ARIS Water Solution, and when
When ARIS Water Solution changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ARIS Water Solution raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ARIS Water Solution, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at ARIS Water Solution. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment ARIS Water Solution makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Meritage Midstream Services Ii?
Meritage Midstream Services Ii was acquired by ARIS Water Solution, based in The Woodlands. The deal was reported on September 5, 2023. ARIS Water Solution is engaged in the water solutions industry. They provide innovative and sustainable water management services to various sectors. ARIS Water Solution is privately held and operates in Energy.
When did ARIS Water Solution acquire Meritage Midstream Services Ii?
ARIS Water Solution's acquisition of Meritage Midstream Services Ii was reported on September 5, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Meritage Midstream Services Ii do?
Based in Denver, Colorado, Meritage Midstream provides oil and gas producers with a full complement of midstream services through affiliated companies that operate in the U.S. Meritage is currently focused on Wyoming’s Powder River Basin. It is privately held, operating in Energy.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.