Nuverra Environmental Solutions, Inc.
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Nuverra Environmental Solutions, Inc. - overview
Location
Scottsdale, AZ, US
Primary Industry
Environmental Services
About
Nuverra Environmental Solutions, Inc. provides essential fluid handling services, focusing on water management solutions for the oil and gas industry, leveraging advanced technology and a comprehensive fleet. Nuverra Environmental Solutions, Inc. specializes in fluid handling services within the water management sector, headquartered in Scottsdale, US.
The company was acquired in December 2021 by Select Energy Services, LLC / Rockwater Energy Solutions, Inc. for approximately USD 45 mn, including the assumption of debts. Vibeke Heckmann is the Founder, and Charlie Thompson serves as CEO. Nuverra Environmental Solutions offers extensive fluid handling services tailored to midstream water networks.
Their operations include a fleet of over 1,000 vacuum trucks, winch trucks, and hydrovacs, facilitating efficient fluid transport, recovery, and disposal. The company’s product line features the Tideline™ lay-flat hose for produced water management and AquaView® technology for enhanced responsiveness in water networks. They cater to a diverse client base including oil and gas operators and environmental services firms across major U. S.
basins like the Permian Basin and Bakken Shale. Nuverra Environmental Solutions primarily operates on a B2B model, generating revenue through contracts for fluid handling services and technologies. Pricing is determined by service complexity and volume, particularly for flagship products like the Tideline™ hose and AquaView® systems. The company emphasizes customized containment plans, fostering long-term partnerships and stability through repeat business.
Nuverra Environmental Solutions plans to utilize the acquisition's resources to enhance its water services and infrastructure footprint, focusing on consolidation opportunities. The recent acquisition funding of USD 45 mn will support expansion efforts into new geographic markets and enhance product offerings. Specific upcoming products and their launch dates are not disclosed, but the company aims to solidify its presence within targeted regions through strategic development and client engagement.
Current Investors
Select Energy Services, LLC / Rockwater Energy Solutions, Inc.
Primary Industry
Environmental Services
Sub Industries
Oil & Gas Equipment and Services, Pollution Control
Website
www.nuverra.com
Verticals
Clean Technology
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Nuverra Environmental Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Nuverra Environmental Solutions, Inc. | - | ||||||||
| Private Debt | Completed | Nuverra Environmental Solutions, Inc. | - |
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