Select energy services completes acquisition of nuverra environmental solutions

Houston, feb. 23, 2022 /prnewswire/ -- select energy services, inc. (nyse: wttr) ("select" or the "company") today announced the completion of its previously announced acquisition of nuverra environmental solutions, inc. ("nuverra") (nyse american: nes). the terms of agreement were approved by nuverra's two largest stockholders, ascribe ii investments, llc, ascribe iii investments, llc (together with ascribe ii investments, llc, "ascribe") and gates capital management, inc. ("gates"), which together owned approximately 84% of nuverra's outstanding common stock.
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