Fountain Quail Energy Services, LLC

Fountain Quail Energy Services, LLC is a specialized provider of water management solutions in the oil and gas industry, focusing on innovative water treatment technologies and operational efficiencies. Fountain Quail Energy Services, LLC, founded in 1996 and headquartered in Irving, Texas, offers advanced water management solutions for the energy sector. In April 2019, a strategic decision led to the sale of its subsidiary, Fountain Quail Water Treatment, to XRI Holdings, LLC, part of Morgan Stanley Energy Partners. The company has completed 2 deals to date, with its most recent deal occurring on April 24, 2019.

The latest funding round was a GROWTH round, during which the company secured USD 40. 00 mn from CSL Capital Management, raising a total of USD 40. 00 mn. Fountain Quail Energy Services specializes in innovative water management solutions designed to meet industry-specific challenges.

Their offerings include advanced water treatment technologies that enhance operational efficiency and environmental compliance in the oil and gas sector. The company's services are utilized primarily in North America, where they serve a wide range of clients, from small firms to large corporations focused on efficient water management practices. The company operates on a revenue model based on service contracts and project-based engagements. Clients work with Fountain Quail through service agreements that provide access to their comprehensive water management solutions tailored to specific operational needs.

This structure supports both recurring revenue from ongoing services and revenue from one-off projects, establishing long-term relationships with clients that contribute to financial stability. Fountain Quail Energy Services plans to leverage recent funding to enhance its water management technologies and expand its offerings into new geographic markets, particularly targeting regions with increasing demand for sustainable water solutions. The company is focused on developing new products aimed at improving efficiency in water management processes. The recent GROWTH funding of USD 40.

00 mn will be utilized to support these initiatives, including investments in technology advancements and market expansion efforts.