$WTTR: Select Water Solutions Closes $700M Acquisition of Pilot Water Solutio

$WTTR

$WTTR – Select Water Solutions Closes $700M Acquisition of Pilot Water Solutions

Select Water Solutions, Inc.

2026-11-02 00:00:00 UTC · SEC_8K · All $WTTR

?? Positive AI Sentiment (+3.0 / 10)

Select Water Solutions closed the acquisition of Pilot Water for ~$700 million debt-free.
Consideration comprises ~$600 million in cash and 5,149,331 Class A shares, plus up to $15 million in contingent milestones.
The transaction materially expands scale but involves cash outflow, new debt facilities, and share dilution.