Select Water Solutions

• Select Water Solutions to Acquire Pilot Water Solutions for $700 Million (+ up to $15 Million Contingent)

  September 24, 2026

  Buyer

  Select Water Solutions, Inc.

  Target

  Pilot Water Solutions LLC

  Industry

  Infrastructure

  Location

  United States

  Type

  Buyout

  Select Water Solutions entered into a definitive agreement to acquire Pilot Water Solutions LLC for $700 million in an equity-and-cash deal, plus up to $15 million in additional contingent cash consideration. The transaction is expected to close in Q4 2026, pending regulatory approvals and customary closing conditions, and is intended to expand Select’s produced-water management and Delaware Basin water infrastructure network.

• Select Water Solutions Acquires Haynesville and Rockies Water Infrastructure Assets

  January 30, 2024

  Buyer

  Select Water Solutions, Inc.

  Target

  Tri-State Water Logistics, LLC (disposal assets and operations), Iron Mountain Energy LLC (substantially all assets and operations), Produced water disposal and recycling assets in the Rockies region

  Industry

  Energy

  Location

  Texas, United States

  Type

  Buyout

  Select Water Solutions (NYSE: WTTR) acquired three strategic produced-water infrastructure portfolios in the Haynesville Shale and the Rockies for approximately $90 million in cash, adding roughly 450,000 barrels per day of permitted disposal capacity across 21 active saltwater disposal wells, two slurry injection wells, and additional permitted recycling capacity. The transactions include the disposal assets and operations of Tri-State Water Logistics, LLC and substantially all assets of Iron Mountain Energy LLC, and additional Rockies disposal/recycling infrastructure, and are expected to be accretive to Select's Water Infrastructure segment while expanding its geographic footprint and treatment capabilities.

• Select Energy Services Acquires Nuverra Environmental Solutions

  February 23, 2022

  Buyer

  Select Energy Services, Inc.

  Target

  Nuverra Environmental Solutions, Inc.

  Seller

  Ascribe II Investments, LLC, Ascribe III Investments, LLC, Gates Capital Management, Inc.

  Industry

  Energy

  Location

  Arizona, United States

  Type

  Buyout

  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.

• Select Energy Services Acquires Complete Energy Services from Superior Energy Services

  July 12, 2021

  Buyer

  Select Energy Services, Inc.

  Target

  Complete Energy Services, Inc.

  Seller

  Superior Energy Services, Inc.

  Industry

  Energy

  Location

  United States

  Type

  Divestiture

  Select Energy Services (NYSE: WTTR) acquired substantially all water-related assets and ongoing operations of Complete Energy Services, an operating subsidiary of Superior Energy Services, in exchange for 3.6 million shares of Class A common stock and $14.2 million in cash (subject to adjustments). The deal adds more than 300,000 barrels per day of permitted disposal capacity and brings over 700 field personnel to Select, expanding its footprint across the Permian, Mid-Continent, Rockies, Powder River Basin and the Marcellus/Utica regions.

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