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GIS Midstream LP and Gilgamesh Industrial Announce Joint Acquisition of Reliance Gathering

MIDLAND, Texas, Oct. 03, 2019 (GLOBE NEWSWIRE) -- GIS MidStream LP ("GIS MidStream"), and Gilgamesh Industrial LP (“Gilgamesh”), a portfolio company of Gilgamesh Industrial Partners, announced today that their newly-formed joint venture entity has entered into a definitive purchase and sale agreement to acquire Reliance Gathering, LLC (“Reliance Gathering”) for $355 million in cash, subject to certain adjustments under the purchase and sale agreement. The transaction is anticipated to close…

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