Announced

Completed

HydrEra Water Services completed the acquisition of ThinkTank for $41m.

Synopsis

HydrEra Water Services, a firm with a focus on fluid storage solutions and innovation, completed the acquisition of ThinkTank, a company specializing in modular VST fluid storage solutions, for $41m. "This acquisition is an exciting step forward as we continue to build a focused, industry-leading modular storage offering. Combining the industry's two strongest vertical tank intellectual property portfolios, along with increased local presence in key operating basins, significantly enhances our ability to serve customers with greater scale and flexibility-both through direct sales and service-partner relationships. We are proud to welcome a highly respected team known for quality and innovation," " Danny Kubek, HydrEra Water Services - North America President.

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MergerLinks - HydrEra Water Services completed the acquisition of ThinkTank for $41m.