Announced
Completed
Financials
Tags
Private
Single Bidder
United States
Acquisition
Water
water solutions
Domestic
Friendly
Majority
Completed
Synopsis
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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