One-Page Deal Sheet
Trilantic Acquires Majority Interest in Fluid Delivery Solutions LLC
Trilantic Capital Partners Fluid Delivery Solutions Llc
Announced Date
June 18,2014
Close Date
July 03,2014
Transaction Type
Asset
Location
Region
Gulf Coast - South Texas,Northeast
Country
United States
Play
Transaction Details: Require Private Equity Subscription
Closing Announcement - July 3, 2014
Trilantic Capital Partners, First Trust Capital Partners and Volant Energy Partners, have completed the acquisition of a majority interest in Fluid Delivery Solutions LLC, an oilfield water management company primarily engaged in fresh water transfer and storage in premier oil and gas basins, including the Marcellus, Utica, Permian, Eagle Ford, Eaglebine and Niobrara. FDS will continue to be led by CEO Dan Dunkelberg and the management team will retain a meaningful stake in the business going forward. Financial terms of the transaction were not disclosed.