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TPG Growth Agrees to Sell Discovery Midstream to KKR and Williams for $1.2B

Vinson & Elkins advised TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, in its definitive agreement to sell Discovery Midstream to a newly-formed joint venture between KKR and Williams for approximately $1.2 billion.

Discovery is a provider of oil and natural gas gathering and natural gas processing services in the southern portion of Colorado’s Denver-Julesburg Basin.

The V&E corporate team was led by partners Keith Fullenweider and John Grand and associate Robert Hughes.

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