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Water Management Company Scores $121 Million

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Water Management Company Scores $121 Million

[Summary: Select Energy Services Inc, has raised $121.8 million for its IPO of 8.7 million shares after pricing it at $14 per share.  Credit Suisse, FBR, Wells Fargo Securities, BofA Merrill Lynch, Citigroup and J.P. Morgan are serving as the underwriters. Select Energy Services is a provider of total water solutions.

PRESS RELEASE

HOUSTON, April 20, 2017 /PRNewswire/ — Select Energy Services, Inc. (NYSE: WTTR) (“Select”) announced today the pricing of its initial public offering of 8,700,000 shares of its Class A common stock at $14.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “WTTR” on April 21, 2017. In addition, Select granted the underwriters a 30-day option to purchase up to an additional 1,305,000 shares of Select’s…

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