Merger with High Sierra Energy

Energy
Merger with High Sierra Energy

Summary

Baird served as financial advisor to NGL Energy Partners LP

About

NGL Energy Partners LP (NYSE: NGL) (“NGL”) recently announced the completion of its merger with High Sierra Energy LP and High Sierra Energy GP, LLC (together “HSE”). The aggregate merger consideration was $693 million.

NGL is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four operating segments: oil and gas water recycling and treatment, midstream, wholesale supply and marketing, and retail propane and heating oil. NGL is headquartered in Tulsa, Oklahoma.

HSE is a midstream energy partnership based in Denver, Colorado. HSE operates in three core business segments: the rapidly growing disposal, recycling and treatment of oil and gas flowback and produced water; crude oil gathering and transportation; and natural gas liquids transportation and marketing.

For additional information about this transaction, please contact:

Curtis Goot (314) 445-6540
Frank Murphy (314) 445-6532
Nick Alfermann (314) 445-6531
Kjell Lundal (314) 445-6533
Energy
Merger with High Sierra Energy
Date
June 2012
Company
NGL Energy Partners LP
Transaction
M&A
Sectors
Energy
Target Location
North America
Acquiror Location
North America

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