Azure Midstream Partners LP, which owns natural gas gathering pipelines near the border of Texas and Louisiana, withdrew its plans for an initial public offering on Friday.
The Dallas, TX-based company was founded in 2013 and booked $183 million in sales for the 12 months ended September 30, 2014. Azure Midstream Partners LP initially filed confidentially on October 3, 2014. Citi and BofA Merrill Lynch were set to be the joint bookrunners on the deal.
