.
MergerLinks Header Logo

New Deal


Announced

Completed

Select Energy Services completed the acquisition of Agua Libre and water-related assets and operations from Basic Energy Services for $20m.

Financials

Edit Data
Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Single Bidder

Private

United States

water midstream

Completed

Friendly

contract drilling

Water

Domestic

Acquisition

Synopsis

Edit

Select Energy Services, a provider of water management solutions, completed the acquisition of Agua Libre, a provider of water midstream, and water-related assets and operations from Basic Energy Services, a provider of maintaining services, for $20m. "We are very excited to execute on another accretive consolidation opportunity for Select. This acquisition significantly expands our produced water infrastructure footprint and further increases the Company's revenue weighting towards production-related services and solutions. This acquisition is a continuation of our strategic effort to improve and bolster our base business, advance our technology and diversification efforts, and execute on strategic consolidation opportunities," John Schmitz, Select Energy Services Chairman, President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US