One-Page Deal Sheet
PE-backed Rockwater Solutions Acquires Crescent Companies
Rockwater Energy Solutions Inc. Crescent Companies
Announced Date
March 28,2017
Transaction Type
Corporate
Location
Region
United States,Canada
Country
United States
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Transaction Details: Require Private Equity Subscription
[Summary: SFC Energ Partners-backed Rockwater Solutions (a water managment solution company) is acquiring Crescent Companies a portfolio company of White Deer in a all stock deal worth $207 million. The company is currently focused on the Permian, SCOOP/STACK, Appalachia, Bakken, Eagle Ford and Western Canada]
Rockwater Energy Solutions, Inc. and Crescent Companies, LLC announced their agreement to combine the two companies, creating a leading water management services company. The all-stock transaction is valued at $207 million to Crescent shareholders. The boards of directors of both…