Deep Blue Midland Basin LLC Acquires Environmental Disposal Systems, LLC from Diamondback Energy

Warrior Technologies Acquires Field Services Unit from Diamondback Energy

January 28, 2025

Environmental Services

Midland-based Warrior Technologies acquired a field services unit from Diamondback Energy (originally part of Endeavor Energy Resources), adding 84 employees and 607 pieces of equipment to its fleet. The acquisition expands Warrior's surface and soil remediation and emergency response capabilities and strengthens its presence in the Permian and Delaware Basins.

Texas Pride Disposal Solutions (NMS Capital) Acquires Basin Disposal, Inc.

September 11, 2024

Environmental Services

NMS Capital portfolio company Texas Pride Disposal Solutions has acquired Basin Disposal, Inc., a 20+ year residential, commercial and roll-off waste services provider headquartered in Odessa, Texas. The add-on strengthens Texas Pride's footprint in West Texas and expands its residential and commercial service offerings in the Permian Basin region; terms were not disclosed.

TAS Environmental Services (Blue Point-Backed) Acquires Texas Water Management

January 11, 2022

Environmental Services

Blue Point Capital Partners’ portfolio company TAS Environmental Services has acquired Texas Water Management, a liquid waste transportation provider operating primarily across the Texas and Louisiana Gulf Coast. The add-on expands TAS’s liquid waste capabilities and strengthens its geographic density in the Gulf Coast region as part of TAS’s growth strategy under Blue Point.

Alliance Holdings Acquires Blue Mountain Environmental

November 10, 2020

Environmental Services

Alliance Holdings, the environmental services platform backed by Align Capital Partners, has acquired Blue Mountain Environmental Management Corporation. The deal expands Alliance’s air emissions (stack) testing and LDAR capabilities in the Northeastern and Midwestern United States as part of its ongoing add-on buildout to create a national emissions testing platform.

Pioneer Natural Resources Acquires DoublePoint Energy Assets in Midland Basin

May 4, 2021

Oil & Gas

Pioneer Natural Resources completed the acquisition of the leasehold interests and related assets of DoublePoint Energy (structured as the purchase of Double Eagle III Midco 1 LLC) in the Midland Basin for approximately $6.2–$6.4 billion in stock, cash and assumed debt. The transaction adds ~97,000 contiguous net acres to Pioneer's Midland Basin footprint and was approved by the boards of the companies; DoublePoint was backed by equity commitments from Apollo, Quantum Energy Partners, Magnetar Capital and Blackstone Credit.

MXD Process Acquires Branch Environmental Corporation

February 2, 2024

Manufacturing

MXD Process has acquired Branch Environmental Corporation, a Somerville, New Jersey–based designer and manufacturer of air and water purification systems. The deal brings Branch’s three-decade product and engineering capabilities into MXD’s process engineering and equipment manufacturing platform, with Branch retaining its brand and Somerville operations; MXD engaged Soterra Capital and Neas P.C. for advisory and legal support, while Branch was advised by Norris McLaughlin, P.A.