Investments
30Portfolio Exits
7Funds
12Partners & Customers
2About Crestline Investors
Crestline Investors is an alternative asset management firm based in Fort Worth, Texas. The company focuses on absolute return, credit and opportunistic investment strategies.
Crestline Investors Headquarter Location
201 Main Street Suite 1900
Fort Worth, Texas, 76102,
United States
817-339-7600
Latest Crestline Investors News
Jun 14, 2022
Goodnight Midstream announces closing of private placement, new revolving credit facility DALLAS, June 13, 2022 /PRNewswire/ — Goodnight Midstream LLC (“Goodnight”), a leading midstream produced water infrastructure company, today announced the completion of the sale of $325 million of Senior Notes in a private placement to EIG and Crestline Investors. Concurrent with the private placement, Goodnight announced the successful closing of a $100 million Revolving Credit Facility led by Wells Fargo Bank, N.A., along with participation from Texas Capital Bank, Cadence Bank and First Horizon Bank. Goodnight utilized the proceeds to refinance existing indebtedness and intends to use the added liquidity to drive growth, expand its footprint and enhance the integrated saltwater management solutions it provides to oil and gas producers. Since the start of 2022, Goodnight has signed 10 new water management agreements as the company continues to grow its network of water systems to service more customers across key basins, including the Permian, Bakken and the Eagle Ford shales. “We are very pleased with our strong commercial momentum underscored by the 10 new water management agreements in just the first half of this year,” said Ben Daitch, CFO of Goodnight Midstream. “Placing these Senior Notes and securing a new credit facility is a testament to the strength of our business and provides us with additional long-term flexibility to pursue our growth initiatives. We look forward to continuing to enhance the compelling value we provide to our producing customers as they look to expand their production in an environment of increased demand for U.S. crude oil. We are appreciative of our lending partners for their support and loyalty.” About Goodnight Midstream LLC Goodnight Midstream builds and operates midstream oilfield water infrastructure for oil and gas producers. The Company owns and operates an extensive network of water gathering pipelines and saltwater disposal wells focused on gathering, transporting, reusing and disposing of produced saltwater for its customers. Goodnight’s midstream approach minimizes environmental impact and improves health and safety while lowering lease operating expenses and improving reliability for its customers. Goodnight Midstream operates in the most active basins in the United States with significant positions in the Permian Basin, Bakken and Eagle Ford shales. For more information, please visit www.goodnightmidstream.com . Media Contacts
Crestline Investors Investments
30 Investments
Crestline Investors has made 30 investments. Their latest investment was in SumUp as part of their Series E on June 6, 2022.
Crestline Investors Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/23/2022 | Series E | SumUp | $312M | No | Bain Capital Tech Opportunities, BlackRock, btov Partners, Centerbridge Partners, Fin Capital, Sentinel Dome Partners, and Undisclosed Investors | 5 |
5/31/2022 | Series A | FinditParts | $30M | Yes | 3 | |
4/15/2022 | Unattributed | VLPS | $30M | Yes | 2 | |
4/27/2021 | Series A | |||||
4/6/2021 | Series C |
Date | 6/23/2022 | 5/31/2022 | 4/15/2022 | 4/27/2021 | 4/6/2021 |
---|---|---|---|---|---|
Round | Series E | Series A | Unattributed | Series A | Series C |
Company | SumUp | FinditParts | VLPS | ||
Amount | $312M | $30M | $30M | ||
New? | No | Yes | Yes | ||
Co-Investors | Bain Capital Tech Opportunities, BlackRock, btov Partners, Centerbridge Partners, Fin Capital, Sentinel Dome Partners, and Undisclosed Investors | ||||
Sources | 5 | 3 | 2 |
Crestline Investors Portfolio Exits
7 Portfolio Exits
Crestline Investors has 7 portfolio exits. Their latest portfolio exit was Ntiva on January 27, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/27/2022 | Acq - Fin - II | 1 | |||
Date | 1/27/2022 | ||||
---|---|---|---|---|---|
Exit | Acq - Fin - II | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Crestline Investors Acquisitions
1 Acquisition
Crestline Investors acquired 1 company. Their latest acquisition was CarePayment on March 14, 2017.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/14/2017 | Private Equity | $260M | Acq - Fin | 3 |
Date | 3/14/2017 |
---|---|
Investment Stage | Private Equity |
Companies | |
Valuation | |
Total Funding | $260M |
Note | Acq - Fin |
Sources | 3 |
Crestline Investors Fund History
12 Fund Histories
Crestline Investors has 12 funds, including Crestline Opportunity Fund IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/10/2022 | Crestline Opportunity Fund IV | $1,600M | 1 | ||
3/10/2022 | Crestline Specialty Lending Fund III | $1,000M | 1 | ||
1/11/2022 | Crestline Portfolio Financing Fund II | $1,000M | 3 | ||
10/28/2019 | Crestline Opportunity Fund III Europe | ||||
10/28/2019 | Crestline Opportunity Fund III |
Closing Date | 3/10/2022 | 3/10/2022 | 1/11/2022 | 10/28/2019 | 10/28/2019 |
---|---|---|---|---|---|
Fund | Crestline Opportunity Fund IV | Crestline Specialty Lending Fund III | Crestline Portfolio Financing Fund II | Crestline Opportunity Fund III Europe | Crestline Opportunity Fund III |
Fund Type | |||||
Status | |||||
Amount | $1,600M | $1,000M | $1,000M | ||
Sources | 1 | 1 | 3 |
Crestline Investors Partners & Customers
2 Partners and customers
Crestline Investors has 2 strategic partners and customers. Crestline Investors recently partnered with Magnetic MRO on July 7, 2017.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/25/2017 | Partner | Estonia | Magnetic MRO and Crestline Investors Establish Joint Venture for Aviation Assets - Magnetic MRO Magnetic MRO , a total technical care MRO provider , and Crestline Investors , a U.S.-based institutional alternative asset manager , have established a joint venture for aviation asset investments . | 1 | |
4/30/2013 | Partner |
Date | 7/25/2017 | 4/30/2013 |
---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | Estonia | |
News Snippet | Magnetic MRO and Crestline Investors Establish Joint Venture for Aviation Assets - Magnetic MRO Magnetic MRO , a total technical care MRO provider , and Crestline Investors , a U.S.-based institutional alternative asset manager , have established a joint venture for aviation asset investments . | |
Sources | 1 |
Crestline Investors Team
10 Team Members
Crestline Investors has 10 team members, including current Chief Executive Officer, Douglas Kelvin Bratton.
Name | Work History | Title | Status |
---|---|---|---|
Douglas Kelvin Bratton | Chief Executive Officer | Current | |
John Cochran | Chief Operating Officer | Current | |
Michael Aingorn | Managing Director | Current | |
Christopher Golio | Managing Director | Current | |
Frank Jordan | Managing Director | Current |
Name | Douglas Kelvin Bratton | John Cochran | Michael Aingorn | Christopher Golio | Frank Jordan |
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | Chief Operating Officer | Managing Director | Managing Director | Managing Director |
Status | Current | Current | Current | Current | Current |
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