DALLAS, Oct. 4, 2016 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, announced an initial equity commitment of $100 million to Producers Midstream LP (“Producers” or the “Company”), a newly-formed portfolio company that will provide creative midstream infrastructure solutions to upstream operators across various basins. The Company has a broad geographic scope, but will initially focus on greenfield and strategic acquisition opportunities in Texas, Oklahoma, and New Mexico.
Producers Midstream is led by Chief Executive Officer, Jim Bryant. Mr. Bryant has more than 50 years of experience in the oil and gas business, specifically in the engineering, development and management of midstream facilities. He has a proven track record of successfully growing businesses across industry cycles and was a co-founder of several midstream companies including Endevco, Inc., Regency Gas Services, LLC and Cardinal Midstream, LLC.