WadeCo Specialties acquires Select Chemicals

WadeCo Specialties Inc.

WadeCo Specialties Inc., a specialty chemical provider focused on production chemicals and services for the oil and gas industry, has acquired Select Chemicals Ltd. WadeCo is a portfolio company of Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment businesses.

Based in Yorktown, Texas, Select provides production chemicals and services to exploration and production companies throughout the Eagle Ford shale play.

The acquisition of Select expands WadeCo's footprint into the second largest basin in the US and will strengthen the company's position as an independent oilfield chemical solutions and service provider.

Edwards Wildman Palmer LLP served as legal counsel to the shareholders of WadeCo in the transaction.

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