Private equity firms pump $170 million into Southcross Holdings LP
Poor economics driven by low oil prices is the harsh reality being faced by many operators since the end of 2014, forcing 42 companies to file for bankruptcy in 2015, but none of those operators have made it through the Chapter 11 process as quickly as Southcross Holdings LLP.

Just two weeks after filing for bankruptcy, Southcross Holdings is reorganizing with an infusion of capital from private equity firms EIG Global Energy Partners and Tailwater Capital. The company annou...

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