Announced
Completed
Financials
Tags
Energy / Utility Services
Domestic
Friendly
Majority
Acquisition
Public
Completed
Single Bidder
United States
water management
Synopsis
Select Energy Services, a provider of sustainable full life cycle water and chemical solutions, completed the acquisition of Nuverra Environmental Solutions, a provider of water management solutions for energy producers for $45m. "We are excited to close on the acquisition of Nuverra and welcome its more than 350 employees into the Select family. We believe this acquisition further expands Select's leading sustainable water services and infrastructure footprint with additional service offerings, comprehensive infrastructure and geographic breadth. Additionally, we expect to capture revenue synergies and cost savings through the elimination of its public company costs. This acquisition represents a continuation of our strategic effort to improve and bolster our base business, advance our technology and diversification efforts, and execute on value-creating consolidation opportunities," John Schmitz, Select 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.