Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Ecoserv, LLC (Ecoserv) to CoLaTenTex, LLC, a private investment firm. BGL’s Environmental & Industrial Services investment banking team served as the exclusive financial advisor to Ecoserv in the transaction. The specific terms of the transaction were not disclosed.
Headquartered in Abbeville, LA, Ecoserv is a market-leading integrated waste sequestration platform servicing the offshore exploration and production (E&P) industry. Ecoserv provides a comprehensive solution through the collection, cleaning, transportation, and disposal of RCRA-exempt E&P liquid and solid waste streams. Ecoserv’s collection of deep well injection assets provide generators a unique, environmentally safe disposal solution for waste streams, which are further augmented by a full suite of offshore cleaning services. These unique capabilities and patented technology enable Ecoserv to be one of the premier single-source service providers to the E&P industry.