Home > M&A deals 2009 > Element Partners and NGP Energy Technology Partners LP acquire TAS Energy, Inc.
Secondary Buyout · Energy Services and Equipment · July 2009

Element Partners and NGP Energy Technology Partners LP acquire TAS Energy, Inc.

On July 6, 2009, Element Partners and NGP Energy Technology Partners LP acquired TAS Energy, Inc., an energy services and equipment company in Texas, United States, from Main Street Capital Corp. and Riverstone Holdings LLC.

Deal at a glance

AnnouncedJuly 6, 2009 TypeSecondary Buyout TargetTAS Energy, Inc. Buyers Element Partners
NGP Energy Technology Partners LP
Sellers Main Street Capital Corp.
Riverstone Holdings LLC
SectorEnergy Services and Equipment LocationTexas, United States ValueNot disclosed

Target company

TAS Energy, Inc.
Texas, United States
Energy Services and Equipmentsector
1988founded
Activestatus
View the company profile →

Buyers (2)

Private equity firm · 51 deals on record
Private equity firm · 28 deals on record
  • 2nd transaction for the lead buyer in energy services and equipment
  • 12th transaction in United States
51deals, all time
5in this sector
2013latest

Sellers (2)

Private equity firm · 112 deals on record
Private equity firm · 133 deals on record
112investments
6in this sector
32exits

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Questions about this deal

Who acquired TAS Energy, Inc.?Element Partners and NGP Energy Technology Partners LP acquired TAS Energy, Inc. on July 6, 2009.

Who sold TAS Energy, Inc.?Main Street Capital Corp. and Riverstone Holdings LLC were the sellers.

What type of deal was it?It was a secondary buyout in the energy services and equipment sector in 2009.

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