Acquiring Company
2PointZero
Acquired Company
Traverse Midstream Partners
Description
2PointZero, through its subsidiary ePointZero, has agreed to acquire Traverse Midstream Partners for $2.25 billion. The acquisition involves buying 100 percent ownership of Traverse, which holds interests in key gas assets. The deal is subject to regulatory approvals as it reflects continued investment activity amid regional geopolitical tensions.
Quick answer
2PointZero is acquiring Traverse Midstream Partners for $2.3 billion, announced March 31, 2026. 2PointZero is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- How much did 2PointZero pay for Traverse Midstream Partners?
- The reported deal value is $2.3 billion.
- What does 2PointZero do?
- 2PointZero is a transformational investment company with scalable assets in energy, mining, and financial services.
- Where are 2PointZero and Traverse Midstream Partners based?
- 2PointZero is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates. Traverse Midstream Partners is based in United States.
- Who are the decision-makers at 2PointZero?
- Fundz holds 1 contact at 2PointZero. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Traverse Midstream Partners?
Traverse Midstream Partners was acquired by 2PointZero, based in Abu Dhabi. The deal was reported on March 31, 2026. 2PointZero is a transformational investment company with scalable assets in energy, mining, and financial services. It serves as an AI enabler and energy transition accelerator driving a smarter, more sustainable future. 2PointZero is privately held and operates in Energy.
When did 2PointZero acquire Traverse Midstream Partners?
2PointZero's acquisition of Traverse Midstream Partners was reported on March 31, 2026. 2PointZero, through its subsidiary ePointZero, has agreed to acquire Traverse Midstream Partners for $2.25 billion. The acquisition involves buying 100 percent ownership of Traverse, which holds interests in key gas assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Traverse Midstream Partners do?
Traverse Midstream Partners owns stakes in gas assets and is a portfolio company of the Energy and Minerals Group. It holds non-operated midstream energy sector assets, including strategic minority stakes in major pipelines. It is privately held, operating in Energy, and is based in United States.
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