Gravity Sells Production-Chemicals Division Tech Management to Coastal Chemical (a Brenntag Company)

Gravity Oilfield Services Acquires Water Disposal Infrastructure from MBI Oil & Gas

March 21, 2019

Oil & Gas

Gravity Oilfield Services, a Clearlake Capital-backed water midstream platform, acquired certain water disposal infrastructure assets from MBI Oil & Gas, LLC to expand its Bakken footprint and strengthen relationships with regional operators. Financial terms were not disclosed.

Black Bay Energy Capital Acquires Merichem Process Technologies & Catalyst Business (Merichem Technologies)

January 3, 2024

Industrial Services

Black Bay Energy Capital acquired Merichem Company's technology business — Merichem Process Technologies and Merichem Catalyst Products — which will be renamed Merichem Technologies and operated as a standalone sulfur-treating platform. Merichem Company will retain its caustic services business while the new platform will be led by former Merichem technology leaders to expand sulfur-treatment capabilities across energy and industrial end markets.

USALCO (H.I.G.) Acquires Coagulant Manufacturing Business from Brenntag Southwest

January 18, 2024

Manufacturing

USALCO, an H.I.G. Capital portfolio company, has acquired the coagulant manufacturing business of Brenntag Southwest, Inc., a Houston-based operation. The deal expands USALCO's manufacturing footprint and customer base in Texas and will see production relocated into USALCO's existing regional facilities.

Tecum Capital and Genesis Park Invest in Chemistry to Support Breakwater Management Majority Recapitalization

June 9, 2025

Marketing & Advertising

Tecum Capital, alongside Genesis Park, has invested debt and equity capital in Chemistry to support Breakwater Management’s majority recapitalization of the full-service marketing and digital agency. The financing package, which included senior bank financing from S&T Bank, is intended to strengthen Chemistry’s capacity for growth and expand its competitive position across creative, digital, and multicultural marketing services.

Gravity Acquires On Point Oilfield Holdings

November 7, 2019

Energy

Gravity, a Clearlake-backed water and energy infrastructure platform, has acquired On Point Oilfield Holdings from White Deer Energy, creating the largest produced water (saltwater disposal) company in the Midland Basin. On Point founders and key executives have joined Gravity’s management team; financial terms were not disclosed.

cleanwater1 Acquires Velocity Dynamics, LLC

January 3, 2024

Environmental Services

cleanwater1 (formerly UGSI Solutions), a Baird Capital portfolio company, has acquired Velocity Dynamics, LLC, a provider of proprietary dry and liquid feed systems for chemistry optimization in water/wastewater utilities and industrial plants. The deal expands cleanwater1’s product and engineering capabilities in polymer blending, chemical feed and bulk handling to support customers facing higher chemical costs and stricter environmental requirements.