Exclusive financial advisor to SwiftWater Energy Services

KPMG Corporate Finance LLC acted as the exclusive financial advisor to SwiftWater Energy Services.

KPMG Corporate Finance LLC acted as the exclusive financial advisor to SwiftWater Energy Services, LLC (“SwiftWater” or the “Company”), a provider of water management and water solutions to oil and gas operators in the Permian Basin market, on its sale to TETRA Technologies, Inc. (“TETRA”)

Founded in 2013, SwiftWater has grown organically to more than 300 employees in three locations and offers multiple service lines, including: layflat hose water transfer, water treatment, above-ground water storage, poly pipe, and pit lining rentals. The addition of SwiftWater expands TETRA’s market share in the Permian, which is one of the fastest growing basins for oilfield services globally, by adding significant capacity as well as incremental products and services.

“We are excited to welcome SwiftWater’s quality professionals to the TETRA family, and look forward to integrating SwiftWater’s highly complementary products and services into an expanded TETRA portfolio,” comments Stuart M. Brightman, TETRA’s Chief Executive Officer. “We see excellent synergies with nominal customer overlap between our and SwiftWater’s operations in the Permian Basin, and both companies continue to see strong demand for water management solutions, creating excellent opportunities for cross-selling products and services.”

TETRA is a geographically diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, compression services and equipment, and selected offshore services.

Global coverage. Industry knowledge. Middle-Market focus

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Thomson Reuters SDC, and Mergermarket based on number of completed transactions, for 2017.

KPMG Corporate Finance LLC

KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.

Philip J. Isom

Philip J. Isom

Global Head of M&A, KPMG Corporate Finance LLC

+1 616-265-8001


 
 
Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 
 
The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.
 
©2023 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA/SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. KPMG Corporate Finance LLC is not engaged in the practice of public accountancy. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.