Le Lézard
Classified in: Business
Subject: TNM

BlackArch Partners Advises Gibson Energy on the Divestiture of its U.S. Environmental Services Division


CHARLOTTE, N.C., July 17, 2018 /PRNewswire-PRWeb/ -- BlackArch Partners LLC ("BlackArch") is pleased to announce that Gibson U.S. Environmental Services ("the Company"), a division of Gibson Energy Inc. ("Gibson Energy"), has been acquired by One Equity Partners ("One Equity"). The Company will be known as OMNI Environmental Solutions ("OMNI") going forward.

OMNI, headquartered in Carencro, Louisiana, is a leading provider of a comprehensive suite of oilfield waste management and environmental solutions to exploration and production operators and oilfield services companies. The Company focuses on providing waste- and water-related environmental, logistics and rental services. The Company operates across multiple, attractive U.S. energy basins, including the Anadarko, Bakken, Eagle Ford, Gulf Coast, Haynesville and Rockies regions. OMNI's unparalleled record of customer service positions the Company as the waste management and environmental services partner of choice in each of its core geographies.

"The BlackArch team went above and beyond with a result that was a win-win for both the buyer and seller and certainly for our shareholders," said Tammi Price, Vice President of Corporate Development of Gibson Energy. "Their intimate understanding of the business, attention to detail and hands-on approach to supporting the deal made a complex transaction with a lot of moving parts much simpler than it otherwise would have been. We would not hesitate to use BlackArch on future transactions."

"The recent process we engaged in with BlackArch was a success on all fronts," said Courtney Brackin, Chief Executive Officer of OMNI. "The BlackArch team helped make what could have been an arduous process smooth and uneventful. From the leadership to the analysts, BlackArch was extremely professional, thorough and engaging at appropriate levels. The response time to buyer/seller issues was perfect, and their willingness to take on tasks to help both sides reach the finish line was strong. Their team kept the "right" things in front of us at all times, understanding we were still running a business while going through the process. As impressive as their ability to deliverw was, it was only surpassed by the understanding they demonstrated of our business as well as the industry."

BlackArch was retained by Gibson Energy to serve as its exclusive financial advisor in the divestiture. The transaction continues BlackArch's strong presence in the energy and industrial services sectors and is representative of the firm's focus on providing unique M&A advisory services to market-leading businesses.

Transaction Highlights

About OMNI Environmental Solutions
OMNI is a comprehensive provider of environmental services focused on energy customers. Key services include water logistics and disposal, solid waste processing, treatment and landfilling and a variety of other specialty environmental services such as offshore inspection and cleaning. For more information, please visit http://www.omnienvironmentalsolutions.com.

About Gibson Energy
Gibson Energy is a Canadian-based oil infrastructure company with its principal businesses consisting of the storage, optimization, processing and gathering of crude oil and refined products. Headquartered in Calgary, Alberta, Gibson Energy's operations are focused around its core terminal assets located at Hardisty and Edmonton, Alberta, and also include the Moose Jaw Facility and injection stations in Texas and Oklahoma.

Gibson Energy shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, please visit http://www.gibsonenergy.com.

About One Equity Partners
One Equity is a middle-market private equity firm focused on the industrial, healthcare and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. One Equity is a trusted partner with a differentiated investment process, a broad and senior team and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 150 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago and Frankfurt. For more information, please visit http://www.oneequity.com.

About BlackArch Partners
BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, North Carolina, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, http://www.blackarchpartners.com, for more details.

Securities offered through BlackArch Securities LLC. Member FINRA and SIPC. Testimonials may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success.

 

SOURCE Blackarch Partners LLC


These press releases may also interest you

at 12:05
PowerSchool Holdings, Inc. ("PowerSchool" or the "Company"), the leading provider of cloud-based software for K-12 education in North America, today announced it will release its financial results for the first quarter ended March 31, 2024, on...

at 12:05
OverActive Media ("OverActive" or the "Company"), a premier esports and entertainment company for today's generation of fans, today announced that it has entered into a new team license agreement with the Call of Duty League (CDL). The agreement...

at 12:03
Ediphi, the most comprehensive cloud-based estimating solution on the market, today announced an initial agreement with DPR Construction. Through the agreement, DPR's preconstruction teams will have access to Ediphi's full suite of estimating tools...

at 12:02
Lathrop GPM LLP is proud to announce that Mike Piazza joined the firm on April 15 as a partner in the Litigation & Dispute Resolution practice group. He is based in the Dallas office. Piazza is a national authority on white collar defense, securities...

at 12:01
The merits hearing on April 19, 2024 scheduled to commence at 9:30 a.m. will instead commence at 10:00 a.m. The hearing will be held at the offices of the Tribunal at 20 Queen Street West, 17th floor, Toronto. Members of the public may observe the...

at 12:00
Atomicwork, the leading provider of AI-powered IT service management for modern enterprises, has announced the launch of its new digital workplace experience solution in collaboration with Cohere, the leading enterprise AI platform, to help...



News published on and distributed by: