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New Deal


Announced

Completed

One Equity Partners-backed OMNI Environmental Solutions completed the merger with Purity Oilfield Services.

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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Single Bidder

Completed

Private

United States

Oil Equipment and Services

Friendly

Merger

Majority

oilfield services

Domestic

Acquisition

Private Equity

Synopsis

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One Equity Partners-backed OMNI Environmental Solutions, a provider of oil and gas services, completed the merger with Purity Oilfield Services, an oilfield service company. Financial terms were not disclosed. “The merger is an outstanding opportunity for Purity and OMNI because our equipment and services complement and augment each other and, more importantly, our corporate cultures are well aligned. For Purity, this allows cross-selling to OMNI’s large list of blue-chip customers and for OMNI, expanding its footprint into the Permian in Texas and New Mexico is huge. This merger points to a great new future for our combined staff, and we look forward to integrating our Purity ethos and passion with OMNI’s adept, results-oriented team,” Marshall Hunt, Purity CEO.

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