About Goodnight Midstream
Goodnight Midstream is a company based in Dallas (United States) founded in 2011 was acquired by TPG in March 2019.. Goodnight Midstream has raised $580 million across 4 funding rounds from investors including Wells Fargo, TPG and First Horizon National Corporation. The company has 142 employees as of December 31, 2021. Goodnight Midstream offers products and services including Saltwater Disposal Systems and Water Gathering Pipelines. Goodnight Midstream operates in a competitive market with competitors including United Utilities, Iren Group, American Water, A. O. Smith and Select Water, among others.
- Headquarter Dallas, United States
- Employees 142 as on 31 Dec, 2021
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Sectors
Energy & UtilitiesEnvironment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Goodnight Midstream, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$580 M (USD)
in 4 rounds
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Latest Funding Round
$100 M (USD), Debt – Conventional
Jul 01, 2022
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Investors
Wells Fargo
& 5 more
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Employee Count
142
as on Dec 31, 2021
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Acquired by
TPG
(Mar 11, 2019)
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Products & Services of Goodnight Midstream
Goodnight Midstream offers a comprehensive portfolio of products and services, including Saltwater Disposal Systems and Water Gathering Pipelines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for disposing produced water from oil and gas operations
Pipelines that gather and transport produced water efficiently
Funding Insights of Goodnight Midstream
Goodnight Midstream has successfully raised a total of $580M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(09 Aug 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Debt – Conventional - Goodnight Midstream | Valuation |
investors |
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| Oct, 2019 | Amount | Private Equity Round - Goodnight Midstream | Valuation | Tailwater Capital |
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| Nov, 2018 | Amount | Debt – Conventional - Goodnight Midstream | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Goodnight Midstream
Goodnight Midstream has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Wells Fargo, TPG and First Horizon National Corporation. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tailwater Capital is engaged in energy and infrastructure investments.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Diverse financial services and online banking are provided to clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Goodnight Midstream
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Goodnight Midstream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Goodnight Midstream Comparisons
Competitors of Goodnight Midstream
Goodnight Midstream 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 United Utilities, Iren Group, American Water, A. O. Smith and Select Water, 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 |
Water and sewage services are provided in the United Kingdom.
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| domain | founded_year | HQ Location |
Integrated utility services in energy, water, and waste are provided.
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| domain | founded_year | HQ Location |
American Water is engaged in providing water and wastewater services.
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| domain | founded_year | HQ Location |
Water heaters, boilers, and treatment products are supplied globally.
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| domain | founded_year | HQ Location |
Wastewater treatment services are provided to industrial sectors.
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| domain | founded_year | HQ Location |
Air and waste water management solutions are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Goodnight Midstream
Frequently Asked Questions about Goodnight Midstream
When was Goodnight Midstream founded?
Goodnight Midstream was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Goodnight Midstream located?
Goodnight Midstream is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Goodnight Midstream a funded company?
Goodnight Midstream is a funded company, having raised a total of $580M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $420M, raised on Aug 09, 2016.
How many employees does Goodnight Midstream have?
As of Dec 31, 2021, the latest employee count at Goodnight Midstream is 142.
What does Goodnight Midstream do?
Goodnight Midstream was established in 2011 in Dallas, United States. Services in the midstream oil and gas sector are focused on integrated saltwater management. Operations include handling, treatment, and disposal of produced water from extraction activities. Coverage extends across key U.S. basins, supporting environmental compliance and resource efficiency in upstream production. The company maintains a presence through its domain, goodnightmidstream.com.
Who are the top competitors of Goodnight Midstream?
Goodnight Midstream's top competitors include Iren Group, United Utilities and Core & Main.
What products or services does Goodnight Midstream offer?
Goodnight Midstream offers Saltwater Disposal Systems and Water Gathering Pipelines.
Who are Goodnight Midstream's investors?
Goodnight Midstream has 6 investors. Key investors include Wells Fargo, TPG, First Horizon National Corporation, Cadence Bank, and Texas Capital Bank.
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