Fort Worth-based Brazos Midstream Holdings LLC partnered with Old Ironsides Energy LLC to pursue the acquisition and development of U.S. midstream assets, according to an April 13 statement.

The Brazos management team will initially focus on the development of crude and gas gathering, treating and processing assets.

Brazos’ management team is led by its four founding partners, including CEO Brad Iles; CFO William Butler; Chief Commercial Officer Stephen Luskey; and COO Ryan Jaggi.

“I couldn't be more pleased with the team that we have assembled at Brazos Midstream,” Iles said in a statement. “Each individual brings a diverse and complementary skill set that sets Brazos apart. With both upstream and midstream management experience, the Brazos team is committed to delivering the highest-level of personalized service to our producer customers.”

“This partnership combines our proven history of oil and gas investing in North America with a first-class team of executives that have a strong track record of success in the energy industry,” said Sean O’Neill, a managing partner at Old Ironsides Energy. “Our investment strategy centers on aligning ourselves with chosen partners like Brazos for the long term.”