© 2017 The Texas Lawbook.
By Jon Prior of the Dallas Business Journal
(June 27) – The middle-market private equity arm of Fort Worth investment giant TPG is acquiring Dallas pipeline company Discovery Midstream.
The terms of the deal weren’t disclosed. Discovery’s current management team will stay on after investing with TPG as they are in the process of building more than 120 miles of pipeline and a natural gas process plant.
TPG Growth General Counsel David Mosse turned to a primarily Houston- and Dallas-based legal team from Vinson & Elkins to handle its end of the transaction. Corporate partner Keith Fullenweider and associate Robert Hughes led the deal team, which also included corporate associates Yong Eoh and Mary Sprouse; partners Doug Bland, Kaam Sahely and Mark Brasher and associate Stephanie Coco (energy transactions/projects); counsel Scot Dixon (real estate); partner Mark Brazzil (finance); partner Sean Becker and associate Paul Knettel (labor/employment); partner Shane Tucker and associate Kristy Fields (executive compensation/benefits); and partner Larry Nettles and associate Matt Dobbins (environmental).
Discovery Midstream turned to a group primarily Dallas-based group from Weil, Gotshal & Manges to negotiate its end of the deal. Corporate partner Rodney Moore led the Weil deal team, which also included corporate associates Kevin Crews, Samuel Peca and Camille Walker; tax partner Jonathan Macke; real estate attorney Leslie Smith; and attorneys from the firm’s Silicon Valley and New York offices specializing in corporate, tax and executive compensation & benefits.
Read the Dallas Business Journal’s full article here: www.bizjournals.com/dallas/news
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