BDO Capital Advises on the Sale of JRGO to TETRA Technologies

Boston, MA - March 7, 2019 - BDO Capital Advisors, LLC (“BDO Capital”) is pleased to announce the sale of JRGO Energy Services, LLC (“JRGO” or the “Company”) to TETRA Technologies, Inc. (NYSE: TTI) (“TTI”). BDO Capital served as exclusive financial advisor to JRGO, working closely with its shareholders and management team throughout the sale process. 

JRGO is a provider of infrastructure services to the oil & gas industry. The Company’s primary service offerings include water transfer, bypass pumping and water containment services. These services are geared towards leading oil & gas exploration and production companies operating in the Appalachian Basin. 

TTI, a publicly-traded company, is a geographically diversified oil & gas services company, focused on completion fluids and associated products and services, comprehensive water management solutions, frac flowback, production well testing, offshore rig cooling and compression services & equipment. TTI’s products and services are delivered through three business divisions: Completion Fluids & Products, Water & Flowback Services and Compression.

This transaction highlights BDO Capital’s continued success advising entrepreneur-led companies. In addition, the deal enhances our oil & gas credentials and demonstrates our ability to drive results despite otherwise volatile market conditions.