Select Energy Services, LLC / Rockwater Energy Solutions, Inc.
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Select Energy Services, LLC / Rockwater Energy Solutions, Inc. - overview
Established
2017
Location
Houston, TX, US
Primary Industry
Power & Utilities
About
Select Energy Services provides essential water management and fluid handling solutions, optimizing midstream water networks and facilities for the energy sector while prioritizing sustainability and efficiency. Select Energy Services operates in Houston, US, specializing in water management solutions for the oil and gas industry. The company was founded in 2017 by Mason Depalma, with John Schmitz serving as the CEO. Select Energy Services has not undergone any notable pivots or structural changes since its inception.
Select Water Solutions specializes in a comprehensive range of water management and fluid handling solutions, focusing on midstream water networks and facilities that enhance efficiency for multiple users. Their core offerings include advanced technologies for produced water treatment, water recycling and reuse, as well as proprietary products such as the Tideline™ Layflat Hose, designed specifically for the transportation of produced water. The company's innovative solutions are tailored to meet the needs of a diverse client base, which includes oil and gas operators in regions such as the Permian Basin, where water infrastructure plays a critical role in operational efficiency. Select Water Solutions emphasizes sustainability by developing environmentally preferred options and sourcing raw materials responsibly, thereby positioning itself as a key player in the transition towards more sustainable water management practices within the industry.
Select Water Solutions generates revenue through a variety of transactional structures, predominantly focused on B2B partnerships with oil and gas companies that require efficient water management solutions. The firm engages in direct contracts for the sale of its specialized products and services, including its flagship Tideline™ Layflat Hose and water treatment technologies. Clients typically enter into agreements that may involve long-term service contracts for water recycling and management, ensuring a steady income stream for Select Water Solutions. Transactions may also include customized solutions designed to fit specific operational needs, with pricing structures reflecting the complexity and scale of the services provided.
This approach allows the company to maintain strong relationships with its clients while addressing their unique challenges in water management.
Primary Industry
Power & Utilities
Sub Industries
Oil & Gas Equipment and Services, Water & Sewer Utilities
Website
www.selectenergyservices.com
Total Amount Raised
Subscriber access only
Select Energy Services, LLC / Rockwater Energy 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. | - | ||||||||
| Merger | Completed | Rockwater Energy Solutions, Inc., Select Water Solutions, Inc. | - |
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Select Energy Services, LLC / Rockwater Energy Solutions, Inc. - employee data

Select Energy Services, LLC / Rockwater Energy Solutions, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chief Executive Officer & President | BM |
BM Board Member
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