Piper Sandler Exclusive: Advisory on Enterprise’s Acquisition of Piñon Midstream for $950m

Piper Sandler has played a pivotal role as the financial advisor in the acquisition of Piñon Midstream by Enterprise Products Partners L.P. (NYSE: EPD), a deal valued at $950 million.

This all-cash, debt-free transaction will see Enterprise, a major player in midstream energy services, enhance its operations in the Delaware Basin, an area rich in natural gas resources spanning New Mexico and Texas.

Piñon Midstream, previously backed by