Bregal Partners-backed Aqua Terra makes two acquisitions in Western Canada
Aqua Terra Water Management LP, which was formed last year by U.S. private equity firm Bregal Partners, said Friday that it has acquired saltwater disposal assets from Canadian companies Ceiba Energy Services Inc and Phyllis Disposal Ltd. No financial terms were disclosed. Canaccord Genuity advised Aqua Terra on the deal. Update: The acquisition was made by Aqua Terra subsidiary Four Winds Energy Services Ltd, a Grande Prairie, Alberta-based operator of Class 1b and Class II water disposal facilities that was bought in Nov. 2013. Aqua Terra said the latest transaction marks its initial entry point into the Canadian Bakken and the heavy oil corridor around Lloydminster, Saskatchewan
24 January 2014•2 mins read
