Kirkland, Gibson Steer ArcLight Deal For $278M Midstream Co.

Law360 (March 18, 2019, 7:39 PM EDT) -- American Midstream Partners LP said an affiliate of an ArcLight Capital Partners fund will buy all shares of the company it does not already own, with the Kirkland & Ellis LLP-led private equity firm striking a deal that values the Gibson Dunn & Crutcher LLP-guided seller at $278.3 million.

According to AMID, ArcLight, through an affiliate of ArcLight Energy Partners Fund V LP, will pay $5.25 for each of AMID’s units, representing a premium of around 31 percent on the company’s closing unit price Friday. It is not clear how many units ArcLight currently controls, but AMID noted that the private...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!