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TLP Acquisition Holdings, LLC

Company Summary

Description

Subsidiary of ArcLight Energy Partners Fund, VI, L.P.

Website

http://www.arclightcapital.com/

Related Entities

Recent news

  • 11/27/2018 - TransMontaigne Partners... (subscriber access)
  • 7/10/2018 - ArcLight Makes Offer to... (subscriber access)

Company Transactions

Date: 3/31/2019
Type: Merger

BUYERS:
  • TLP Acquisition Holdings, LLC
    • SELLERS:
  • TransMontaigne Partners L.P.
    • DETAILS:

    COST: 536 $MM

    NOTES:
    TransMontaigne Partners ("TMP") reported their plans to merge with TLP Acquisition Holdings. TLP will acquire all of the outstanding common units of TransMontaigne at a price of $41.00 per common unit, for a transaction value of $536 million. The merger is anticipated to close in 1Q19.

    Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • ArcLight Energy Partners Fund, VI, L.P.
  • TLP Acquisition Holdings, LLC
    • SELLERS:
  • TransMontaigne Partners L.P.
    • DETAILS:
    NOTES:
    ArcLight Energy Partners Fund, VI, LP, via their subsidiary TLP Acquisition Holdings, has made a non-binding offer to acquire all common units of TransMontaigne Partners for a $38.00 in cash per unit.