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New Deal


Announced

InstarAGF Asset Management to acquire Oilfield Water Logistics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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midstream water infrastructure

Private

Private Equity

Pending

Single Bidder

Majority

Friendly

United States

Acquisition

Oil Equipment and Services

Synopsis

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InstarAGF Asset Management, an independent alternative asset management firm focused on North American middle-market opportunities, agreed to acquire Oilfield Water Logistics, a provider of midstream water infrastructure and services to the energy industry in Texas. Financial terms were not disclosed. "Within North America's highest growth production areas, OWL plays a vital role in transporting and disposing of the significant water volume created.InstarAGF shares our commitment to safety, quality, sustainability, and customer service and is the ideal partner to help elevate and expand our platform, support North American producers and maintain best practices within the energy sector," Chris Cooper, OWL President and CEO.

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