Sale of Excalibur Energy Services brings needed working capital

The owners of Excalibur Energy Services, Inc, an energy services firm specializing in transporting water to and from well sites for use in hydraulic fracturing or ‘fracking,’ engaged with Capital Alliance to assist them in finding a transaction that would secure the company’s future.The owners also operated an affiliated company that provided the holding tanks for produced water. The company had grown very rapidly over five years. Management realized that outside sources of capital would be needed to sustain Excalibur’s growth trajectory. Capital Alliance screened potential buyers and eventually arranged for the company to be sold to Heckmann Corp., a rapidly growing firm that provides water-related services and solutions to the oil and gas industry.