HOUSTON, Oct. 31, 2017 /PRNewswire/ — Elevate Midstream Partners, LLC (“Elevate Midstream”), a full-service midstream company headquartered in Houston, Texas, announced an equity commitment of up to $100 million from Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, Texas.  Elevate Midstream is committed to raising current industry service and reliability standards for an overlooked market segment among the small- to mid-sized U.S. production companies with onshore operations across the United States. Elevate Midstream’s services include natural gas gathering, compression, treating, processing and transportation; crude oil and condensate gathering, stabilization, transportation and storage; produced water gathering and disposal, and related marketing services.

The Company is led by Chief Executive Officer Roger Fox, Chief Financial Officer Roger Ondreko and Chief Commercial Officer James Arnold.  The management team brings a diverse set of global experiences from various companies including BG Group plc, Macquarie Bank Limited, BHP, Constellation Energy Group, El Paso Corporation, Williams Companies Inc, Crosstex Energy LP, Eagle Rock Energy LP, and Texon LP. Collectively, the team has over sixty years of industry experience managing natural gas, crude and liquefiable hydrocarbon shale and conventional assets and transactions within the upstream, midstream, power generation and energy banking sectors.

Roger Fox, Chief Executive Officer of Elevate Midstream, said, “We couldn’t be more excited to partner with Tailwater to create a company focused on elevating customer standards for relationship driven, value oriented services within the midstream energy business. The Elevate team has a proven track record of delivering responsive and reliable midstream services to customers of all sizes across multiple basins with unique development goals.  This background paired with the financial partnership with Tailwater will allow us to expedite our growth as we work to address an overlooked market segment among small to mid-sized production companies.”

Jason Downie, Managing Partner at Tailwater Capital, said: “Roger and his team have significant experience delivering ‘win-win’ customer focused midstream solutions. We believe that management’s extensive operational experience, deep industry relationships and track record of identifying scalable midstream opportunities will lead to a successful outcome. We are excited about this partnership and expect to increase our commitment with Elevate Midstream as the company executes its growth strategy.”