Navitas Midstream Partners

Company profile

Navitas Midstream Partners company profile

Navitas Midstream Partners is a producer-focused midstream company seeking to develop, acquire, and operate midstream assets across multiple basins in North America. Navitas is led by R. Bruce Northcutt, who served as the President and CEO of Copano Energy, LLC until its sale to Kinder Morgan Energy Partners, L.P. (NYSE: KMP) for approximately $5 billion in May 2013. Mr. Northcutt is joined by partners Bryan W. Neskora and James E. Wade, who were senior members of management at Copano. Mr. Neskora served as Copano’s Chief Operating Officer and previously as senior vice president at El Paso Corp. Mr. Wade served as Copano’s President and Chief Operating Officer of the Texas Business Unit and previously as senior vice president of Southern Union Energy Services. The senior management team, which collectively has more than 80 years of industry experience, has a track record of successful project execution in numerous basins across the midstream value chain including gathering, treating, processing, fractionation and transportation of natural gas, NGLs, condensate and crude oil. Based in The Woodlands, Texas, Navitas is a privately-held company formed with Warburg Pincus, a global private equity firm focused on growth investing, which agreed to lead a line-of-equity investment of up to $500 million in the Company in 2014. Warburg Pincus was joined by members of the management team and other individuals in the investment. Warburg Pincus’ deep industry experience, including their very successful investment in Targa Resources, and patient capital provides Navitas with a competitive advantage in today’s midstream marketplace.