Trilantic Capital Partners Acquires Interest in Fluid Delivery Solutions

   Trilantic Capital Partners Acquires Interest in Fluid Delivery Solutions

PR Newswire

NEW YORK, June 18, 2014

NEW YORK, June 18, 2014 /PRNewswire/ -- Trilantic Capital Partners
("Trilantic"), a global private equity firm, today announced it has agreed to
acquire a majority interest in Fluid Delivery Solutions LLC ("FDS" or the
"Company"), an oilfield water management company primarily engaged in fresh
water transfer and storage in premier oil and gas basins, including the
Marcellus, Utica, Permian, Eagle Ford, Eaglebine and Niobrara. FDS will
continue to be led by CEO Dan Dunkelberg and the management team will retain a
meaningful stake in the business going forward. Financial terms of the
transaction were not disclosed.

"FDS offers an attractive investment platform in the oilfield water management
space," said Chris Manning, a Partner at Trilantic. "We are thrilled to
partner with the exceptional FDS management team to continue serving their
customers and execute on the tremendous growth opportunity ahead."

Added Dunkelberg: "We look forward to entering the next stage of our growth
strategy with Trilantic and are confident that our partnership will
successfully lead FDS to achieve our shared goals for the Company."

Privately owned and operated by petroleum engineers, FDS has developed a
best-in-class reputation for safety, execution and customer service. The
Company serves a blue chip customer base across major unconventional shale
plays throughout the U.S. Trilantic has committed significant additional
capital to fund organic growth and the acquisition of complementary services.

The transaction follows two recent exits by Trilantic: the sale of Enduring
Resources' Permian Basin assets and the IPO and secondary share sale of Antero
Resources Corporation. Trilantic has now committed nearly $2.5 billion to the
energy sector.

About Trilantic Capital Partners
Trilantic is a private equity firm focused on control and significant minority
investments in North America and Europe, with a primary investment focus in
North America in thebusiness services, consumer, energy and financial
services sectors. Trilantic currently manages five institutional private
equity funds with aggregate capital commitments of $6.1 billion. For more
information, visit www.trilantic.com.

About Fluid Delivery Solutions
Fluid Delivery Solutions is an oil and gas service company headquartered in
Fort Worth, Texas. The company is focused on delivering best in class fresh
water transfer and containment services to the oil and gas industry. Since
January 2011, when operations began in Oakdale, Pennsylvania, FDS has grown
toover 400 employees. The company's tremendous growth can be attributed to
management's ability to attract and retain the most experienced and qualified
personnel. With its qualified staff, FDS has developed a reputation for
excellence in managing complex freshwater solutions. For more information
about FDS, visit www.fdsllc.com.

Media Contact:
Trilantic Capital Partners

Gabriella Schoff
Prosek Partners
Tel: 212.279.3115 ext 243
Email: gschoff@prosek.com

SOURCE Trilantic Capital Partners

Website: http://www.trilantic.com
 
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