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New Deal


Announced

Completed

Pilot Water Solutions completed the acquisition of Felix Water.

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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Private

Single Bidder

United States

Acquisition

Water

water solutions

Domestic

Friendly

Majority

Completed

Synopsis

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Pilot Water Solutions, a midstream disposal and transportation company, completed the acquisition of Felix Water, a national water midstream company. Financial terms were not disclosed. "We are delighted to finalize the acquisition of Felix Water, as it significantly strengthens our ability to provide environmentally safe and sustainable solutions to valued customers. With the backing of Pilot Company, PWS is a differentiated player in the industry with a strong balance sheet and a focus on long term, sustainable growth. This acquisition is consistent with our mandate to service our customers through full field development as the most stable, long-term operator in the most economic basins of the United States," Anuj Sharma, PWS CEO.

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