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Announced

Completed

Antelope Water Management completed the merger with Probitas Water Solutions.

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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Friendly

Acquisition

Single Bidder

Water

Completed

water management

Majority

United States

Merger

Private

Synopsis

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Antelope Water Management, which partners with the oil & gas and mining industries to deliver water infrastructure, treatment, sourcing and disposal services, completed the merger with Probitas Water Solutions, a total water management company. Financial terms were not disclosed. "The Probitas team has a history of building and operating the most reliable assets in the US shale play and attracting marquee clients in core development areas. That combined with a very successful background in produced water treatment across multiple shale basins makes these guys, hands down, the most successful, experienced team in industry and we could not be more excited to have them on our team," Dustin Brownlow, Antelope CEO.

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