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Midstream Oil & Gas Infrastructure Services sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Midstream Oil & Gas Infrastructure Services

1.1 - About Midstream Oil & Gas Infrastructure Services sector

Companies in the Midstream Oil & Gas Infrastructure Services category build, own and operate pipelines, gathering systems, gas plants, fractionators, terminals, and marine/truck assets that move crude, refined products, natural gas, and NGLs from production basins to refineries, utilities, and export markets. These strategic buyers in oil & gas midstream deliver reliable flow assurance, storage, and market access, reducing bottlenecks and ensuring safe, compliant energy transportation at scale.

Typical capabilities include long‑haul crude and refined products pipelines with multi‑state reach and high daily throughput, natural gas gathering, processing and transmission with compression, and NGL fractionation and transportation linking liquids‑rich plays to demand centers. Operators run large storage terminals with truck loading and ethanol blending, manage transmix processing to recover saleable fuel, and provide offshore pipeline connectivity, marine barging, and tank‑truck services, supported by scheduling, SCADA monitoring, and integrity management programs.

They serve upstream producers seeking takeaway capacity, refiners and petrochemical plants needing reliable feedstock and product movement, and utilities or local gas distributors requiring firm transport. Outcomes include assured market access and export optionality, lower per‑barrel transportation costs through scale, improved product quality via processing and blending, and enhanced reliability and compliance through audited safety practices, integrity management, and redundant logistics across pipelines, terminals, and marine assets.

2. Buyers in the Midstream Oil & Gas Infrastructure Services sector

2.1 Top strategic acquirers of Midstream Oil & Gas Infrastructure Services companies

Enterprise Products Logo

Enterprise Products

HQ: United States Website
  • Description: Provider of full-service tank truck and marine transportation of bulk petroleum liquids across the United States, offering local, intrastate and interstate shipments through modern truck fleets, towing vessels and tank barges, and operating crude oil and LPG terminals to support customer logistics.
  • Key Products:
  • Tank Truck Transportation: Provides local, intrastate and interstate shipment of bulk liquids via a modern tank truck fleet, delivering dependable service and competitive pricing while ensuring safety and efficiency
  • Marine Transportation: Uses EMS towing vessels and tank barges to move petroleum cargoes along the Mississippi, intracoastal and Tennessee-Tombigbee waterways, handling petrochemicals, refined, black-oil and pressurized products
  • Crude Oil Terminals: Operates strategically located terminals in New Mexico and Texas offering storage, loading and dispatch facilities to streamline crude oil logistics for shippers
  • LPG Terminals: Maintains LPG terminals across Louisiana
  • Mississippi and Texas to store and distribute liquefied petroleum gases, supporting regional supply chains and ensuring timely customer deliveries.
  • Rationale: Provider of tank truck transportation, EMS marine barges, and crude oil terminals for storage/loading enabling reliable midstream flow.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Midstream Oil & Gas Infrastructure Services sector

Description: Companies in Oil & Gas Downstream Operations Services provide technical, field, and logistics support that keeps refining, terminal, and fuel distribution assets running safely and efficiently. They deliver outsourced operations, maintenance, turnaround execution, and compliance services to optimize throughput, product quality, and cost. Buyers seek strategic partners in Oil & Gas Downstream Operations Services to improve reliability, meet regulatory requirements, and streamline end‑to‑end supply chain performance.
Oceaneering

Oceaneering

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of global survey and mapping solutions delivering worldwide differential GNSS positioning, geoscience and autonomous underwater vehicle surveys, land and coastal water surveys, and precise marine construction positioning for offshore and onshore oil & gas, renewable energy, marine construction and government operations.
  • Key Products:
  • C-Nav Positioning Solutions: Provides precise global navigation and positioning for offshore oil, gas, renewable and marine sectors, with worldwide installation, training, integration and support ensuring operational accuracy
  • Geoscience and AUV Surveys: Conducts geophysical and hydrographic data acquisition with autonomous underwater vehicles, surveying extensive global line kilometers to deliver detailed seabed insights for project planning
  • Survey and Positioning: Provides precise positioning for drilling rigs and barges during structure placement, integrating DGPS, gyrocompasses and inertial navigation to improve marine construction efficiency
  • Worldwide DGNSS Positioning: Delivers global differential GNSS positioning for land, coastal and marine operations, enabling accurate navigation and survey control across oil, gas and government projects.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Midstream Oil & Gas Infrastructure Services sector

3.1 - Buyout funds in the Midstream Oil & Gas Infrastructure Services sector

Buyout Funds investing in Midstream Oil & Gas Infrastructure Services companies

51+ funds
Description: Buyout funds focused on Midstream Oil & Gas Infrastructure Services companies globally.

Brookfield Capital Partners

Website HQ: Canada
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Midstream Oil & Gas Infrastructure Services
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Midstream Oil & Gas Infrastructure Services sector

Growth Equity Funds in Midstream Oil & Gas Infrastructure Services companies

41+ funds
Description: Growth equity funds focused on Midstream Oil & Gas Infrastructure Services companies globally.

Ardian

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Midstream Oil & Gas Infrastructure Services
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Midstream Oil & Gas Infrastructure Services companies

4.2 - Public trading comparable groups for Midstream Oil & Gas Infrastructure Services sector

Description: Companies in this trading comparables group are public operators and producers in the liquefied natural gas (LNG) value chain, spanning upstream gas extraction, liquefaction, shipping, import terminals, and regasification. They monetize LNG through long-term offtake contracts, capacity fees, and merchant sales. This cohort provides public trading comparables and valuation benchmarks given shared exposure to LNG infrastructure, volumes, and pricing dynamics across projects, terminals, and marketing portfolios.
TotalEnergies logo

TotalEnergies

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of integrated energy solutions, focusing on the production and marketing of oil, biofuels, natural gas, green gases, renewables, and electricity, aiming to meet global energy demands while reducing greenhouse gas emissions through a balanced multi-energy strategy.
  • Key Products:
  • Oil and biofuels: Energy solutions focusing on traditional and renewable hydrocarbons
  • Natural gas and green gases: Clean energy alternatives for various industrial applications
  • Renewables: Solar, wind, and hydro energy solutions for sustainable power
  • Electricity: Diverse electricity generation and distribution services
  • Energy storage: Advanced battery technologies for efficient energy management.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Midstream Oil & Gas Infrastructure Services sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Midstream Oil & Gas Infrastructure Services sector

Who are the top strategic acquirers of Midstream Oil & Gas Infrastructure Services companies?

Top strategic buyers in this sector include Enterprise Products, a provider of full-service tank truck and marine transportation of bulk petroleum liquids across the united states, offering local, intrastate and interstate shipments through modern truck fleets, towing vessels and tank barges, and operating crude oil and lpg terminals to support customer logistics. .

Which buyer groups are most relevant for Midstream Oil & Gas Infrastructure Services companies?

Relevant strategic buyer groups similar to the Midstream Oil & Gas Infrastructure Services sector include Oil & Gas Downstream Services because they share similar customer segments and product capabilities.

Financial Investors in Midstream Oil & Gas Infrastructure Services sector

Which are the top PE firms investing in Midstream Oil & Gas Infrastructure Services companies?

Potential investors in the broader Midstream Oil & Gas Infrastructure Services space include Ardian and Brookfield Capital Partners.

Who are the top buyout funds acquiring Midstream Oil & Gas Infrastructure Services companies?

Active PE funds and buyout funds acquiring companies in the Midstream Oil & Gas Infrastructure Services space include Brookfield Capital Partners.

Who are the top growth equity funds investing in Midstream Oil & Gas Infrastructure Services companies?

Growth funds investing in the broader Midstream Oil & Gas Infrastructure Services sector include Ardian.

Valuation of Companies in Midstream Oil & Gas Infrastructure Services sector

Which are the key public companies that are relevant trading comps for Midstream Oil & Gas Infrastructure Services companies?

Key trading comparable groups include TotalEnergies, a provider of integrated energy solutions, focusing on the production and marketing of oil, biofuels, natural gas, green gases, renewables, and electricity, aiming to meet global energy demands while reducing greenhouse gas emissions through a balanced multi-energy strategy..

Which are the key trading comparable groups for Midstream Oil & Gas Infrastructure Services companies?

Similar trading comparable companies include Liquefied Natural Gas Producers and Operators. Our platform tracks detailed trading comparable groups in the Midstream Oil & Gas Infrastructure Services sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Midstream Oil & Gas Infrastructure Services sector?

Our platform tracks M&A transactions in the Midstream Oil & Gas Infrastructure Services sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Midstream Oil & Gas Infrastructure Services?

Access recent funding rounds in the Midstream Oil & Gas Infrastructure Services sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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