New York private equity firm Bregal Partners is one of many companies getting involved in the oil and gas services sector. Over the past few years, largely because of an increase in hydraulic fracking, companies have been investing in equipment manufacturers, compliance companies, geospatial software groups and other businesses that provide services to traditional energy.

Bregal decided to make a move into the oilfield services industry with the formation of Aqua Terra Water Management LP and acquisition of Four Winds Energy Services Ltd. in November, says co-founder Scott Perekslis. "The growing use of hydrofracturing techniques to complete wells in emerging and unconventional light oil plays is creating increased demand for the handling of both frac water and water produced over the life of a well," Perekslis adds.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.