---
schema_version: "secwatch.filing_event.v1"
accession: "0001552797-24-000093"
form_type: "8-K"
ticker: "DKL"
cik: "0001552797"
company_name: "Delek Logistics Partners, LP"
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:53:19.232128+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Delek Logistics closes $230M acquisition of H2O Midstream; $160M cash + $70M convertible preferred

## Summary
- Acquisition of H2O Midstream water gathering, recycling, and disposal assets in Permian Basin closed on September 11, 2024.
- Total consideration $230M: $160M cash plus $70M convertible preferred equity convertible at $49.25 per common unit.
- Operations in Midland Basin overlap with existing DKL Permian operations; management expects cost and cross-sale synergies.
- Third Amended and Restated Partnership Agreement adopted to establish preferred units with conversion and redemption rights.
- Registration rights agreement filed to register resale of common units issuable upon conversion of preferred equity.

## SEC filing metadata
- accession: 0001552797-24-000093
- form_type: 8-K
- ticker: DKL
- cik: 0001552797
- company_name: Delek Logistics Partners, LP
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552797/000155279724000093/0001552797-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552797/000155279724000093/dkl-20240911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552797-24-000093
- JSON: https://secwatch.observer/filing/0001552797-24-000093.json
- Plain text: https://secwatch.observer/filing/0001552797-24-000093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.