(Latin) n. energy; get up and go
(Latin) n. energy; get up and go
Based in The Woodlands, Texas, Navitas is a privately held company formed in 2014 by an experienced management team in conjunction with Warburg Pincus, a global private equity firm. Although we are a new company, our senior leadership previously built Copano Energy LLC. Our top executives have worked together for the past 29 years, developing a deep understanding of the upstream, midstream and pipeline industries.
In looking at the midstream gas gathering business, we saw too many companies focused on the short-term. We wanted to build a different kind of company — one that was more enduring and better suited for our customers and the changing landscape of the U.S. energy industry.
We focus on existing and emerging resource plays where we can offer a full slate of services, from wellhead to market.
Through acquisitions and greenfield construction, our gas gathering and processing systems in the Permian Basin include over 1,800 miles of natural gas gathering pipelines and five cryogenic processing trains located at three plant sites, with a fourth plant under construction. These systems are the cornerstone of our growing Permian operation.
Warburg Pincus, along with other investors, provided an initial $500 million line-of-equity investment which was increased to approximately $900 million in early 2017. Warburg Pincus’ deep industry experience and patient capital provides us with a competitive advantage in today’s midstream marketplace.
Our leadership is based on a simple concept: open and honest communication and a respect for every member of the team. Our leaders aren’t afraid to roll up their sleeves and take on challenges, and they would never ask team members to do something they wouldn’t do themselves.
Navitas is led by R. Bruce Northcutt, who served as Copano Energy, LLC’s president and CEO until it was sold to Kinder Morgan Energy Partners L.P. for $5 billion in May 2013. Bruce is joined by partners Bryan W. Neskora and James E. Wade, both of whom were senior executives with Copano. Navitas’ partners are joined by James R. Doss and William A. Byers. Jim Doss has thirty-eight years of experience in midstream engineering, construction, project development and operations for companies such as Oasis Midstream Services, Kinder Morgan, Copano Energy, Buckeye Gulf Coast Pipelines, Coastal States Crude Gathering, and Phillips Pipeline Company. Will Byers has eighteen years of energy industry investment banking experience and most recently served as a Managing Director with the Natural Resources Group of Barclays Capital.
Together, our management team has operated in almost every major basin in North America. Our team has a history of meeting and exceeding customer expectations, including on-time and on-budget delivery of significant capital projects.Leadership Page
Warburg Pincus is a long-term focused equity provider who is the largest shareholder in Navitas. Warburg Pincus is a leading global private equity firm focused on growth investing. The firm has approximately $42 billion in assets under management and has invested over $67 billion in more than 820 companies in more than 40 countries. Over more than two and a half decades, the firm’s energy group has invested or committed over $13 billion of equity for companies around the world involved in oil and gas exploration and production, midstream power generation, oilfield technology and related-services, and alternative energy development.
Years of private equity experience, deep industry knowledge, and unparalleled networks of resources enable their team to identify opportunities, attract outstanding entrepreneurs and business leaders, and ultimately partner effectively with entrepreneurs and management teams to grow successful businesses. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value.Visit Warburg Pincus Site