Announced
Completed
Financials
Tags
Majority
Single Bidder
Private
United States
water midstream
Completed
Friendly
contract drilling
Water
Domestic
Acquisition
Synopsis
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
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.