Crestwood

Houston, United States Founded: 2001 • Age: 25 yrs Acquired By Energy Transfer Partners
Natural gas storage, transportation, and storage water disposal are provided.
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About Crestwood

Crestwood is a company based in Houston (United States) founded in 2001 was acquired by Energy Transfer Partners in August 2023.. Crestwood has completed 3 acquisitions, including Inergy LP, Inergy Services and Sendero Midstream. Crestwood operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.

  • Headquarter Houston, United States
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $2.57 B
    290
    as on Dec 31, 2014
  • Net Profit
    $-21.9 M
    -45
    as on Dec 31, 2014
  • EBITDA
    $312.6 M
    75
    as on Dec 31, 2014
  • Latest Funding Round
    $700 M (USD), Debt – Conventional

    Mar 01, 2015

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Inergy LP

    & 2 more

  • Acquired by
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People of Crestwood
Headcount 500-1000
Employee Profiles 57
Board Members and Advisors 8
Employee Profiles
People
Chris Witry
Settlement Analyst
People
Ben Hansen
SVP, Operations
People
Curt Van Hoorn
SVP, Bakken Operations
People
Victor Hsu
Senior Accounting Analyst

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Board Members and Advisors
people
Frances M. Vallejo
Director
people
Clay C. Williams
Director
people
Angela A. Minas
Director
people
Gary D. Reaves
Director

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Funding Insights of Crestwood

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $700.0M
  • First Round

    (01 Mar 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2015 Amount Debt – Conventional - Crestwood Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Crestwood

Crestwood has secured backing from 1 investor. Prominent investors backing the company include Energy Transfer Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Midstream services for oil and gas are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Crestwood

Crestwood has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Inergy LP, Inergy Services and Sendero Midstream. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of storage and logistic services
2014
Midstream and downstream operations in the energy sector are conducted.
2009
Crude oil storage, transportation, terminalling, and marketing services are provided.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Crestwood

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Crestwood Comparisons

Employees
+
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Competitors of Crestwood

Crestwood operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Shell is recognized as a global energy and petrochemical company.
domain founded_year HQ Location
Energy production and transportation are conducted by Dominion Energy.
domain founded_year HQ Location
Provider of exploration, production, and distribution services of oil & gas
domain founded_year HQ Location
Gazprom is engaged in the exploration, production, and distribution of natural gas.
domain founded_year HQ Location
Oil sands development, exploration, production, and refining are conducted.
domain founded_year HQ Location
Electricity and natural gas distribution services are provided globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Crestwood

Frequently Asked Questions about Crestwood

When was Crestwood founded?

Crestwood was founded in 2001 and raised its 1st funding round 14 years after it was founded.

Where is Crestwood located?

Crestwood is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

What is the annual revenue of Crestwood?

Annual revenue of Crestwood is $2.57B as on Dec 31, 2014.

What does Crestwood do?

Crestwood was founded in 2001 and is headquartered in Houston, United States. Operations in the natural gas midstream sector are conducted, with services focused on storage and transportation of natural gas. Disposal of storage water is also managed as part of core activities. The company serves the energy industry through these infrastructure-based functions, primarily in North American markets.

Who are the top competitors of Crestwood?

Crestwood's top competitors include Dominion Energy, Shell and Uniper.

How many acquisitions has Crestwood made?

Crestwood has made 3 acquisitions, including Inergy LP, Inergy Services, and Sendero Midstream.

Who are Crestwood's investors?

Crestwood has 1 investor. Key investors include Energy Transfer Partners.

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