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New Deal


Announced

Oilfield Water Logistics to merge with Pilot Water Solutions.

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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Acquisition

Domestic

disposal and transportation

Pending

Friendly

Private

Single Bidder

United States

Majority

Waste and Disposal Services

Synopsis

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Oilfield Water Logistics, a water infrastructure solutions platform, agreed to merge with Pilot Water Solutions, a midstream saltwater disposal and transportation company. Financial terms were not disclosed. "We are delighted to partner with a team that shares our commitment to safety, quality, sustainability and customer service. Through the combined strength of our new platform, we are well-positioned to meet the challenges of rising produced water volumes and to provide enhanced value for our customers," Todd Abbott, OWL Executive Chair.

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