Fluid Delivery Solutions Acquires Water Transfer LLC

FT. WORTH, Texas--()--Fluid Delivery Solutions LLC (“FDS”), a leading provider of oilfield water management services in the Permian, Eagle Ford, Marcellus and Utica basins, today announced the acquisition of Water Transfer LLC (“Water Transfer”), a water transfer and equipment rental business focused on the Permian Basin.

“We built FDS by working with our customers to help them solve their oilfield water management needs. The team at Water Transfer shares our ’customer first’ approach and is a natural addition to the FDS franchise”

Based in Midland, Texas, Water Transfer works with top tier operators to deliver cost effective water transfer and equipment rental services. Founded in 2013, Water Transfer has developed a reputation for safety and reliability by delivering superior customer service throughout the Permian Basin.

“We are thrilled to lock arms with the Water Transfer team and are excited to welcome them to the FDS family. The acquisition of Water Transfer solidifies FDS as the premier water transfer company operating in the Permian Basin,” said Dan Dunkelberg, founder and CEO of FDS. “We built FDS by working with our customers to help them solve their oilfield water management needs. The team at Water Transfer shares our ’customer first’ approach and is a natural addition to the FDS franchise,” added Dunkelberg.

Water Transfer will relocate all personnel to FDS’s Midland office. The Water Transfer team will retain their roles within the expanded organization.

FDS is a portfolio company of Trilantic North America, a private equity firm.

About Fluid Delivery Solutions

Fluid Delivery Solutions is an oil and gas service company headquartered in Fort Worth, Texas. The company is focused on delivering best in class water transfer, containment and treatment services to the oil and gas industry. Since January 2011, when operations began in Oakdale, Pennsylvania, FDS has grown to over 500 employees and operates in the Permian, Eagle Ford, Marcellus and Utica basins. The company's tremendous growth can be attributed to management's ability to attract and retain the most experienced and qualified personnel. With its qualified staff, FDS has developed a reputation for excellence in managing complex oilfield water solutions. For more information about FDS, visit www.fdsllc.com.

About Trilantic North America

Trilantic Capital Management L.P. (“Trilantic North America”) is a private equity firm focused on control and significant minority investments in North America. Trilantic North America primarily focuses in the business services, consumer and energy sectors. Trilantic North America currently manages four private equity funds with aggregate capital commitments of $5.7 billion, including Trilantic Energy Partners (North America) L.P, a 2014 vintage energy-focused investment vehicle that was raised to provide additional capital to support the energy investing activity of Trilantic Capital Partners V (North America) L.P. To date, Trilantic North America’s energy team has committed approximately $2.8 billion in capital across 21 platform energy investments. Recent energy investments include Fluid Delivery Solutions, Ward Energy Partners and TRP Energy. For more information, visit www.trilantic.com.

Contacts

Media:
Prosek Partners
Andrew McGloin
212-279-3115 ext. 211
Amcgloin@prosek.com

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