Post Oak Energy, Genesis Park Sell Layne Water Midstream Stake in All-Cash Deal
(P&GJ) — Post Oak Energy Capital and Genesis Park have announced the successful sale of their interests in Layne Water Midstream (LWM) in an all-cash transaction. Both firms had invested in LWM since early 2019, collaborating closely with LWM's management to expand its customer base and presence in the Permian Basin.
Nomura Greentech served as financial advisor and Willkie Farr & Gallagher LLP as legal counsel for the sellers during the transaction.
Post Oak Energy Capital, established in 2006 and headquartered in Houston, specializes in private equity investments within the upstream, midstream, and oilfield services sectors of the energy industry. The firm focuses on identifying promising energy sector entrepreneurs and management teams with proven track records of creating shareholder value.
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