Blackstone Energy Partners L.P. of The Blackstone Group L.P. (NYSE:BX), EagleClaw Midstream Services, LLC's leadership team and all of the employees of EagleClaw Midstream Services signed a binding agreement to acquire EagleClaw Midstream Services, LLC from EnCap Flatrock Midstream for $2 billion on April 17, 2017. Jefferies LLC provided $1.25 billion in stapled debt financing. Pursuant to the closing of the transaction, EagleClaw will retain its name and operate as a Blackstone portfolio company. The leadership team and the EagleClaw Midstream Services’ employees will remain in their current roles. As of May 8, 2017, FTC has approved the transaction. The transaction is expected to close by the end of July 2017. Peter Bowden, Paul Cugno, Rob Anderson, Greg Chitty, Brian Conner, Brian Bravo and Taylor Hart of Jefferies LLC acted as financial advisor to EagleClaw Midstream Services. Skip McGee of Intrepid Partners LLC and Trevor Heinzinger of Morgan Stanley & Co. LLC acted as financial advisors to Blackstone. Edward W. Moore, Jr. of Frost Brown Todd LLC acted as legal advisor to EagleClaw Midstream Services. Sarah E. McLean of Thompson & Knight LLP acted as legal advisor to EnCap Flatrock Midstream. Keith Fullenweider, Bryan Loocke, Peter Marshall, Aaron Carpenter, John Lynch, David Wicklund and Mark Brazzil of Vinson & Elkins LLP acted as legal advisor to Blackstone. Casey Nikoloric of TEN|10 Group acted as PR advisor to EagleClaw Midstream and EnCap Flatrock Midstream.