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History

Blueknight Energy Partners – History

Blueknight Energy Partners, L.P., is a midstream energy master limited partnership focused on providing integrated terminalling, storage, processing, gathering and transportation services for companies engaged in the production, distribution and marketing of crude oil and asphalt product.

Vitol acquired our general partner in October, 2009, and the business was re-named Blueknight Energy Partners, L.P.
Charlesbank Capitol Partners’ affiliate became a 50% co-owner of the general partner in November, 2010.

About Vitol

The Vitol Group is engaged in the global physical supply and distribution of crude oil, petroleum products, coal, natural gas, and other commodities. Vitol, founded in 1966, is headquartered in the Netherlands. The company moves over 5.5 million barrels of crude oil and petroleum products every day throughout the world and charters more than 3,000 ships annually.

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About Charlesbank

Charlesbank Capitol Partners is a leading private equity firm with more than $2 billion in assets. Focused on the middle market, we partner with strong management teams to acquire and build fundamentally strong businesses.

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