Kirkland Advises Tall Oak Midstream III on $450M Sale to Summit Midstream
October 03, 2024
October 03, 2024
CHICAGO, Illinois, Oct. 3 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis represented Tall Oak Midstream III (Tall Oak), a Tailwater Capital (Tailwater) portfolio company, on its definitive agreement to be acquired by Summit Midstream (NYSE: SMC) (Summit) for $450 million, comprised of $155 million of initial cash consideration, $25 million of contingent cash consideration and an approximate 40% equity interest in Summit.
Kirkl . . .
Kirkland & Ellis represented Tall Oak Midstream III (Tall Oak), a Tailwater Capital (Tailwater) portfolio company, on its definitive agreement to be acquired by Summit Midstream (NYSE: SMC) (Summit) for $450 million, comprised of $155 million of initial cash consideration, $25 million of contingent cash consideration and an approximate 40% equity interest in Summit.
Kirkl . . .