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Targa Resources Corp. Completes Acquisition Of Bolt-On Assets

PUBLIC · TRGPApr 21, 2022

Acquiring Company

Targa Resources

Acquired Company

Bolt-On Assets

HoustonEnergyOil And GasNatural Resources

Description

Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has completed the previously announced acquisition of Southcross Energy Operating LLC and its subsidiaries in South Texas.

Quick answer

Targa Resources is acquiring Bolt-On Assets, announced April 21, 2022. Targa Resources is based in Houston, Texas, United States.

How much did Targa Resources pay for Bolt-On Assets?
The deal value was not disclosed.
What does Targa Resources do?
Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America.
Where are Targa Resources and Bolt-On Assets based?
Targa Resources is based in Houston, Texas, United States.
Who are the decision-makers at Targa Resources?
Fundz holds 3 contacts at Targa Resources. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Targa Resources

Location

811 Louisiana Street

Houston, Texas, United States

About

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic infrastructure assets, and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks.

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Frequently asked

Who acquired Bolt-On Assets?

Bolt-On Assets was acquired by Targa Resources, based in Houston. The deal was reported on April 21, 2022. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. Targa Resources is publicly traded (TRGP) and operates in Energy.

When did Targa Resources acquire Bolt-On Assets?

Targa Resources's acquisition of Bolt-On Assets was reported on April 21, 2022. Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has completed the previously announced acquisition of Southcross Energy Operating LLC and its subsidiaries in South Texas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bolt-On Assets do?

Bolt-On Assets is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.