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Lane42 Investment Partners Announces the Acquisition of Aqua Terra Permian, LLC
Lane42 and Karis Midstream Partners aim to build a leading midstream platform with long-term contracts and operational expertise in the Permian Basin.
- Lane42 announced it acquired Aqua Terra Permian in partnership with Karis, framing the deal as an investment to expand midstream services, according to the company's statement.
- With a $2 billion seed commitment, Lane42 Investment Partners underpins its deal capacity, while Karis Midstream Partners, founded by Odely Sakazi and David Melton in 2025, brings about 40 years of combined experience.
- The Karis team will lead the platform with Odely Sakazi as CEO and David Melton as COO, and advisers include Vinson & Elkins, Houlihan Lokey, Kirkland & Ellis LLP, and Stephens Inc.
- Lane42 Partner David Bernfeld said, `The acquisition of Aqua Terra Permian in partnership with Karis demonstrates Lane42's ability to deliver tailored capital solutions to great businesses with strong management teams`, ensuring leadership and customer continuity for exploration and production clients.
- The transaction positions Lane42 Investment Partners, LLC and Karis Midstream Partners to scale a water-focused midstream platform backed by long-term contracts with investment-grade counterparties.
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Lane42 Investment Partners Announces the Acquisition of Aqua Terra Permian, LLC
Investment to Continue Growth and Expansion of Essential Midstream Infrastructure Services NEW YORK, Jan. 5, 2026 /PRNewswire/ -- Lane42 Investment Partners, LLC ("Lane42") today announced that it has acquired
·New York, United States
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Total News Sources31
Leaning Left3Leaning Right2Center14Last UpdatedBias Distribution74% Center
Bias Distribution
- 74% of the sources are Center
74% Center
L 16%
C 74%
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