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Business
Oil-Field Chemical Firm Aegis Acquired
by Michael McCoy
January 21, 2013
| A version of this story appeared in
Volume 91, Issue 3
Intervale Capital, a private equity firm with a focus on the energy market, has acquired a majority stake in Aegis Chemical Solutions, a Woodlands, Texas-based company that provides oil and gas production chemicals and chlorine dioxide water treatment services to western Texas’ Permian Basin and other oil fields. Intervale will merge Aegis with Mid-Chem, a Midland, Texas-based oil-field chemicals firm. The deal follows two recent oil-field chemical acquisitions: Innospec’s purchase of Strata Control Services and Post Oak’s buy of a majority stake in Refinery Specialties.
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