Select Energy Services Acquires Nuverra Environmental Solutions

Select Energy Services (NYSE:WTTR) completed the acquisition of Nuverra Environmental Solutions (NYSE American: NES) in February 2022, issuing 0.2551 shares of Select Class A common stock for each Nuverra share and converting Nuverra warrants into Select warrants. The deal brings Nuverra’s pipelines, disposal wells and landfill operations (and more than 350 employees) into Select’s water services platform, expanding its disposal capacity, geographic footprint (Bakken, Haynesville, Northeast) and production-related service offerings.