V&E, Baker Botts Take Lead Roles on $1.3B Oil and Gas Services Deal
Vinson & Elkins represents Select Energy Services of Gainesville in its pending merger with Rockwater Energy Solutions of Houston, which turned to Baker Botts.
July 19, 2017 at 05:00 PM
11 minute read
After helping Select Energy Services go public in April, Vinson & Elkins is advising the Gainesville water services company in its pending merger with privately held Rockwater Energy Solutions in a stock-for-stock transaction. Baker Botts represents Houston-based Rockwater.
The merger will create a company with annual revenue reaching as much as $1.3 billion.
Select provides total water services to the unconventional oil and gas industry. Rockwater provides complementary chemical products and expertise related to water solutions for the same industry.
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