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BCP Raptor Holdco

Company Summary

Recent news

  • 2/23/2022 - Altus Midstream Changes... (subscriber access)
  • 2/11/2022 - Altus Midstream... (subscriber access)
  • 10/22/2021 - Altus Midstream Merging... (subscriber access)
  • 11/2/2018 - EagleClaw Midstream... (subscriber access)

Company Transactions

Date: 3/1/2022
Type: Merger

NOTES:
Altus Midstream has announced plans to combine with BCP Raptor Holdco, which is the parent company behind EagleClaw Midstream, Caprock Midstream and Pinnacle Midstream. Altus will issue 50 million Class C common shares to BCP unitholders, which are mainly funds affiliated with Blackstone and I Squared Capital. Once the deal closes in 1Q22, BCP unitholders will own 75% of the proforma company, Apache Midstream will own 20% and current Altus public shareholders will own 5%.
REGIONS:
  • Delaware Basin
  • Date: 11/2/2018
    Type: Acquisition

    NOTES:
    EagleClaw Midstream and funds managed by Blackstone Energy announced that I Squared Capital has committed over $500 million in cash and its Delaware Basin portfolio held by Pinnacle Midstream to EagleClaw. I Squared has also become a partner in BCP Raptor Holdco, the parent company of EagleClaw.
    REGIONS:
  • Delaware Basin