About Goodnight Midstream
Goodnight Midstream is an Energy & Utilities company based in Dallas (United States) founded in 2011, and was acquired by TPG in March 2019. Integrated saltwater management services are provided for energy operations. It operates in the Energy & Utilities and Environment sectors. 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. Goodnight Midstream offers products and services including Saltwater Disposal Systems and Water Gathering Pipelines. Its focus areas include Waste & Water Management, Wastewater Management, Integrated Provider and Energy. Its legal entity is GOODNIGHT MIDSTREAM, LLC. Its competitors include American Water, A. O. Smith and Select Water; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Dallas, United States
- Employees 142
- Stage Acquired
- SectorsEnergy & UtilitiesEnvironment
- Website goodnightmidstream.com
- Social LinkedIn
- Acquired by TPG (Mar 2019)
- Legal Name Goodnight Midstream, Llc
- Total Equity Funding$580M (USD)
in 4 rounds
- Latest Funding Round$100M (USD), Debt – Conventional
Jul 2022
- InvestorsWells Fargo
& 5 more
- Employee Count142
- Acquired byTPG
(Mar 2019)
Products & Services of Goodnight Midstream
Goodnight Midstream offers a comprehensive portfolio of products and services, including Saltwater Disposal Systems and Water Gathering Pipelines.
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 $580M
- Total Rounds 4
- Last Round Debt – Conventional — $100M
- First Round $80M
(Aug 2016)
- Investors Count 5
All 4 funding rounds of Goodnight Midstream with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $100M | Debt – Conventional | – | – | |
| Oct 2019 | $500M | Private Equity Round | – | Tailwater Capital | – |
| Nov 2018 | $420M | Debt – Conventional | – | – | – |
| Aug 2016 | $80M | Private Equity Round | – | Tailwater Capital | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tailwater Capital is engaged in energy and infrastructure investments. | tailwatercapital.com | Dallas, United States | ||
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Texas Capital Bank is engaged in providing banking and financial services. | 1997 | texascapitalbank.com | Dallas, United States | |
Commercial banking services are provided to businesses and individuals. | 1876 | cadencebank.com | Tupelo, United States | |
Retail and business community bank | 1864 | firsthorizon.com | Memphis, United States |
Investor details for Goodnight Midstream
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Goodnight Midstream
4 dated milestones of Goodnight Midstream across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Goodnight Midstream is founded.
- Funding First funding round of $80.0M.
- Exit Acquired by TPG.
- Funding Latest funding round, Debt – Conventional, of $100.0M.
Competitors of Goodnight Midstream
Goodnight Midstream has 3 listed competitors in our database, 1 of them funded. They include American Water, A. O. Smith and Select Water.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amwater.com | 1886 | Voorhees Township, United States | 6,500 | American Water is engaged in providing water and wastewater services. | ||
| aosmith.com | 1874 | Milwaukee, United States | 12,000 | Water heaters, boilers, and treatment products are supplied globally. | ||
| selectwater.com | 2008 | Houston, United States | $125M | 3,026 | Wastewater treatment services are provided to industrial sectors. |
Detailed competitors of Goodnight Midstream
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- Full competitor set
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Web traffic of Goodnight Midstream
The website of Goodnight Midstream (goodnightmidstream.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 34% vs previous month
Websites whose visitors overlap most with Goodnight Midstream. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tailwatercapital.com | 100% | #3,953,352 | View details |
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Goodnight Midstream (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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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. The company's 1st funding round was a Private Equity Round of $80M, raised on Aug 2016.
Goodnight Midstream has 142 employees.
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 Select Water, American Water and A. O. Smith.
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.
Goodnight Midstream operates through Goodnight Midstream, Llc.
Yes. Goodnight Midstream was acquired by TPG in March 2019.