Goodnight Midstream

Dallas, United States Founded: 2011 • Age: 15 yrs Acquired By TPG
Integrated saltwater management services are provided for energy operations.
Annual revenue - Latest available
Total funding $580.0M 4 rounds
Employees 142 Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Energy & Utilities
    Environment
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Goodnight Midstream, Llc
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $580 M (USD)

    in 4 rounds

  • Latest Funding Round
    $100 M (USD), Debt – Conventional

    Jul 01, 2022

  • Investors
    Wells Fargo

    & 5 more

  • Employee Count
    142

    as on Dec 31, 2021

  • 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.

Product name locked
Category locked
Primary

Systems for disposing produced water from oil and gas operations

Product name locked
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tailwater Capital is engaged in energy and infrastructure investments.
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Fund of funds focused on pre-seed and seed-stage companies
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Diverse financial services and online banking are provided to clients.
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Investments & Acquisitions by Goodnight Midstream

Investments
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Investment portfolio details for Goodnight Midstream

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Financial Statements - Goodnight Midstream

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Goodnight Midstream Comparisons

Goodnight Midstream Primary company
Description
Integrated saltwater management services are provided for en...
Location
Dallas, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
142
As of 2021
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Peer comparison for Goodnight Midstream

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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.

Company Name Domain Founded year HQ Location Description
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Water and sewage services are provided in the United Kingdom.
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Integrated utility services in energy, water, and waste are provided.
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American Water is engaged in providing water and wastewater services.
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Water heaters, boilers, and treatment products are supplied globally.
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Wastewater treatment services are provided to industrial sectors.
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Air and waste water management solutions are provided worldwide.
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Detailed competitors of Goodnight Midstream

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Latest news on Goodnight Midstream

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Frequently Asked Questions about Goodnight Midstream

Goodnight Midstream was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Goodnight Midstream is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Goodnight Midstream is a funded company, having raised a total of $580M across 4 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Goodnight Midstream is 142.

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.

Goodnight Midstream's top competitors include Iren Group, United Utilities and Core & Main.

Goodnight Midstream offers Saltwater Disposal Systems and Water Gathering Pipelines.

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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