Mergers & Acquisitions ·
Select Water Solutions closes $700M acquisition of Pilot Water in Delaware Basin
WTTRSelect Water Solutions, Inc.
Select Water Solutions completed its acquisition of Pilot Water Solutions LLC on November 2, 2026. The transaction involves approximately $600 million in cash and 5,149,331 shares of Class A common stock, with a potential $15 million contingent payment based on operational milestones. To fund the deal, Select terminated its previous sustainability-linked credit facility and activated a new $500 million revolving credit facility. The company operates as a provider of sustainable water and chemical solutions to the energy industry.