Trilantic Capital Partners acquires interest in Fluid Delivery Solutions

Trilantic Capital Partners

Global private equity firm Trilantic Capital Partners has agreed to acquire a majority interest in Fluid Delivery Solutions LLC (FDS), 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.

“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," said Dunkelberg.

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 Corp. Trilantic has now committed nearly $2.5 billion to the energy sector.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...