Buyout firm Warburg Pincus is considering a $3 billion sale of natural gas pipeline and processing company Navitas Midstream Partners LLC, people with knowledge of the matter said.
Navitas has hired investment bank Jefferies Financial Group Inc. to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company, which is attracting interest from other private equity firms as well as infrastructure investors, could be sold before the end of the year, the people said.
