One-Page Deal Sheet
XRI Holdings Buys Fountain Quail's Water Business
XRI Holdings, LLC Fountain Quail Energy Services, Fountain Quail Water Treatment
Announced Date
April 24,2019
Transaction Type
Asset
Location
Region
Permian
Country
United States
Transaction Details: Require Private Equity Subscription
XRI Holdings has acquired the water treatment and recycling division of Fountain Quail Energy Services, LLC. The consideration for the transaction consisted of cash and equity, but specific terms of the deal were not disclosed.
Fountain Quail Water Treatment is a leading produced water treatment, recycle, and reuse business with operations throughout the Permian Basin and other key producing basins across the United States/ Members of the Fountain Quail Water Treatment senior leadership team have joined XRI and will lead the Company’s water treatment division, which will be a wholly-owned…
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