M&A Deal Summary

R3 Treatment Acquires CRI

On July 19, 2010, R3 Treatment acquired energy services and equipment company CRI from Blue Sage Capital

Acquisition Highlights
  • This is R3 Treatment’s 1st transaction in the Energy Services and Equipment sector.
  • This is R3 Treatment’s 2nd transaction in the United States.
  • This is R3 Treatment’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2010-07-19
Target CRI
Sector Energy Services and Equipment
Buyer(s) R3 Treatment
Sellers(s) Blue Sage Capital
Deal Type Add-on Acquisition

Target

CRI

Hobbs, New Mexico, United States
CRI's goal is to exceed the requirements and standards with which we are charged, that our clients and the communities we serve receive the results they expect and deserve.

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Buyer(S) 1

Buyer

R3 Treatment

The Woodlands, Texas, United States
Category Company
Founded 2010
Sector Environmental
DESCRIPTION

R360 Environmental Solutions, Inc. is an environmental oilfield waste management provider. It provides non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the oil-rich Permian, Bakken and Eagle Ford Basins.

DEAL STATS #
Overall 2 of 5
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (New Mexico) 1 of 1
Country (United States) 2 of 4
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-16 US Liquids of Louisiana

Houston, Texas, United States

USLL is the leading independent provider of oil and gas exploration and production (E&P) waste treatment, recycling and disposal services in the Gulf Coast region

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-04 Prairie Disposal

Tioga, North Dakota, United States

Prairie Disposal, Inc. is a provider of E&P waste management services .

Buy -

Seller(S) 1

SELLER

Blue Sage Capital

Austin, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Sage Capital is a private investment firm that invests in lower middle-market companies that have the potential to become market leaders. Target businesses typically generate sales of $20 to $125 million and are valued up to $125 million. Blue Sage is a generalist firm with broad industry interest. Target sectors include industrial, distribution, service, healthcare, manufacturing, energy and media. Blue Sage geographically prefers companies located in Texas and the Southwest US. Blue Sage will not invest in banks, life insurance companies, oil and gas exploration and development projects, real estate development or companies located outside of the United States. Blue Sage was formed in 2003 and is based in Austin, Texas.

DEAL STATS #
Overall 2 of 22
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 13
State (New Mexico) 1 of 2
Country (United States) 2 of 21
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-16 R3 Treatment

The Woodlands, Texas, United States

R360 Environmental Solutions, Inc. is an environmental oilfield waste management provider. It provides non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the oil-rich Permian, Bakken and Eagle Ford Basins.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-01 Environmental Design

Tomball, Texas, United States

Environmental Design was founded in 1977 by Tom Cox and has become the premier large tree transplanting company in the world. The company has led the drive to apply technology to tree transplanting through a stunning list of achievements.

Sell -
Mergr

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