- Bayou Midstream II, LLC announced an equity commitment from EIV Capital, LLC. - This follows a prior successful partnership for Bayou Midstream, LLC. - Bayou II is based in Houston and focuses on midstream infrastructure development across North America. - The company will be led by Travis Roby as CEO and Ross Lairson as President and CFO. - The leadership team has significant midstream experience in key U.S. basins. - This marks the second equity commitment from EIV Capital since the inception of Bayou I in 2018. - Bayou I operated crucial midstream assets in the Bakken shale, including various pipelines and crude terminals. - CEO Travis Roby expressed excitement about continuing the partnership with EIV Capital, emphasizing customer service and integrity. - EIV Partner Greg Davis noted the strong working relationship built since 2018 and looks forward to ongoing support for Bayou II's efforts in the oil and gas sector. - Bayou Midstream II is dedicated to developing and acquiring midstream infrastructure. - EIV Capital, established in 2009, specializes in growth equity for the North American energy industry, focusing on infrastructure and efficiency.

Bayou Midstream II Secures Equity Commitment From EIV Capital:


September 18, 2024 08:30 AM Eastern Daylight Time

HOUSTON--(BUSINESS WIRE)--Bayou Midstream II, LLC (“Bayou II”) today announced an equity commitment from EIV Capital, LLC (“EIV”) following their successful partnership for Bayou Midstream, LLC (“Bayou I”). Headquartered in Houston, Bayou II is an independent energy company focused on the acquisition, development and operation of midstream infrastructure across North America.

Bayou II will be led by Chief Executive Officer Travis Roby and President and Chief Financial Officer Ross Lairson. Bayou II’s leadership team has extensive midstream experience within many of the most prolific basins in the United States.

This is Travis and Ross’ second equity commitment from EIV Capital since formation of Bayou I in 2018. Bayou I developed and operated strategic midstream assets in the Bakken shale, including the Leviathan Crude Gathering system, the Fairview Connector interstate pipeline, the Alexander Connector Pipeline, and the East Fairview and Alexander crude terminals.

“We are thrilled to continue our partnership with EIV Capital. Bayou will continue to be a nimble midstream partner with a focus on customer service and integrity. We believe when our partners succeed, we succeed; this mindset led to a successful midstream business with Bayou I and we are excited to continue this approach to building world class midstream assets with Bayou II,” said Travis Roby CEO of Bayou II.

“We are privileged to be renewing our partnership with a talented team that has a proven track record of success in midstream acquisitions and greenfield development,” said Greg Davis, Partner, EIV. “We have built a strong working relationship with Travis, Ross and the Bayou team since 2018 and look forward to supporting their efforts to acquire, develop and operate oil and gas midstream infrastructure assets.”

About Bayou Midstream II, LLC

Bayou Midstream II, LLC, headquartered in Houston, Texas, is a full-service midstream company focused on the development and acquisition of midstream infrastructure. For more information, please visit www.bayoumidstream.com.

About EIV Capital

Founded in 2009, EIV Capital is a Houston, Texas-based private equity firm specializing in providing growth equity to the North American energy industry. EIV Capital focuses on investments in businesses which create value through infrastructure, innovation or efficiency. The firm’s management has extensive experience leading and investing in successful companies across the energy value chain. For more information, visit www.eivcapital.com.

Contacts

Meredith Hargrove Howard
Redbird Communications Group
meredith@redbirdpr.com
210-737-4478