Tailwater-backed midstream companies merge

The executives behind Houston-based Elevate Midstream Partners LLC have merged their company with Dallas-based Align Midstream Partners II LLC and are preparing to move on to the next iteration of their venture.

Both companies are backed by Dallas private equity firm Tailwater Capital, which means the financial backer is going to be staying involved with the assets. Now that the two have merged, Align’s team operates the combined assets under the leadership of Fritz Brinkman and Matthew Osborn…

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