Aegis Chemical Solutions, LLC, a The Woodlands, Texas-based oilfield chemicals and water treatment business, has received an investment from energy-focused private equity firm Intervale Capital.
The transaction merges Aegis with Mid-Chem, Inc., a Midland, Texas-based production chemicals business.
The company provides oil and gas production chemicals and chlorine dioxide treatment services to customers in major oilfield markets, with a particular focus on the Permian Basin of West Texas and Southeastern New Mexico.
The investment will help Aegis expand its products and services within its existing Permian Basin presence and to other major producing regions. Intervale also plans to invest additional capital in the company.
FinSMEs
13/01/2013