XRI (PE-backed) Acquires Fountain Quail Water Treatment Division
April 24, 2019
XRI Holdings, a Morgan Stanley Energy Partners portfolio company, has acquired the produced water treatment, recycle and reuse division of Fountain Quail Energy Services (branded Fountain Quail Water Treatment). The division — headquartered in Irving, Texas — will operate as a wholly owned subsidiary under the Fountain Quail name; the seller was Fountain Quail Energy Services LLC, which is backed by CSL Capital Management.
- Buyers
- XRI Holdings, LLC (XRI), Morgan Stanley Energy Partners
- Targets
- Fountain Quail Water Treatment (division of Fountain Quail Energy Services LLC)
- Sellers
- Fountain Quail Energy Services LLC, CSL Capital Management
- Platforms
- XRI Holdings, LLC
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Addon
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