USA and Malaysia Assets of ProSep Inc.

ProSep Inc. is a company specializing in innovative separation solutions, focusing on high-efficiency mixers and proprietary water treatment technologies for industries such as energy and petrochemical. ProSep Inc. provides advanced separation solutions through patented technologies.

Based in Montreal, Canada, the company was acquired by Produced Water Absorbents Inc. , a portfolio company of Energy Ventures and Harris & Harris Group, in October 2013 for USD 9. 2 mn. The CEO of ProSep is Gregory Hallahan.

ProSep specializes in providing innovative separation solutions through its patented high-efficiency mixers and proprietary water treatment technologies. The company's core offerings include advanced injection and mixing technologies designed to optimize chemical usage and reduce operating costs while enhancing process efficiency across various industries, particularly in energy, petrochemical, and liquefied natural gas (LNG). ProSep's flagship products, such as the MAX+ and AIM mixers, facilitate significant reductions in chemical consumption, achieving up to 60% savings, and are engineered to create intense turbulence for effective fluid dispersion. Additionally, the Osorb Media Systems (OMS) effectively treat challenging effluent streams by removing harmful contaminants like BTEX and PAHs from produced and process water, ensuring compliance with environmental standards.

ProSep markets its solutions to midstream oil and gas companies, utilities, and downstream refining sectors primarily in North America, Europe, and Asia-Pacific regions. ProSep generates revenue through direct sales of its patented technologies, primarily focusing on B2B transactions with midstream and downstream operators in the oil and gas industry. Clients utilize ProSep’s equipment and technologies under contractual agreements that may involve upfront capital expenditures or ongoing service and maintenance fees, thereby ensuring a continuous revenue stream. The company structures its transactions to include installation and performance guarantees, reinforcing the value proposition to clients.

ProSep’s pricing strategies emphasize the operational efficiencies and cost savings that their technologies deliver, particularly highlighting reductions in chemical expenditure and operational costs as key selling points. Consequently, the direct connection between the utilization of ProSep's products and the financial benefits experienced by clients forms a crucial part of the revenue model. ProSep plans to utilize the USD 9. 2 mn from its most recent funding deal in October 2013 to enhance its product offerings and expand into new markets.

The company is focused on developing new technologies and solutions for the energy sector, with plans to enter additional geographic regions in Asia-Pacific by the end of 2015.