Tailwater Capital

Tailwater Capital Receives Deal of the Year Award from D CEO for Acquisition of NorTex Midstream

DALLAS, TX, November 11, 2021 –Tailwater Capital LLC (“Tailwater” or the “Firm”), a private equity firm based in Dallas, is pleased to announce its recognition by D CEO Magazine as part of the fourth annual D CEO Energy Awards. At the private celebration on October 26, 2021, Tailwater was honored for ‘Deal of the Year’ for its acquisition of NorTex Midstream in February 2021.  

D CEO’s Energy Awards are held every year to recognize outstanding leaders and innovators in upstream, midstream, services, energy finance and renewables, from North Texas to the Permian Basin.

“2021 has been a dynamic year for our team, and the acquisition of NorTex Midstream really underscores and embodies our approach to investing in the critical energy infrastructure and services that today’s market demands,” said Jason Downie, Co-Founder and Managing Partner at Tailwater Capital. “We are honored to be recognized as part of this year’s awards, and we remain fully committed to identifying and investing in more great businesses that support communities from North Texas and across North America.”

“The simultaneous arrival of Winter Storm Uri and the completion of the NorTex acquisition within the same week were truly remarkable,” says Edward Herring, Co-Founder and Managing Partner at Tailwater Capital. “Between our exceptional teams, we were able to respond in real time and, over the course of the storm, NorTex provided enough natural gas to customers to heat and power nearly 370,000 homes across the broader North Texas community. This exemplifies the type of positive impact we strive to have in partnering with leading businesses at Tailwater.”

As part of this year’s award selection process, Drew Winston, Principal at Tailwater, was also recognized as a finalist for the ‘Rising Star in Energy’ award, and Tailwater Capital was also nominated for ‘Private Equity Firm of the Year.’

About Tailwater Capital

Dallas-based Tailwater Capital is a growth-oriented energy private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Since inception, Tailwater has managed more than $3.7 billion in committed capital and the team has executed more than 100 energy transactions in the upstream and midstream sectors representing over $22 billion in transaction value. For more information, please visit www.tailwatercapital.com.

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