New York private equity firm Bregal Partners LP has acquired assets from Ceiba Energy Services Inc. and Phyllis Disposal Ltd.

The PE firm bought the two companies’ saltwater disposal assets to add to portfolio company Aqua Terra Water Management, which provides water management and disposal services to onshore oilfield customers in North America. The acquisitions allow Aqua Terra to enter into the Canadian Bakken and heavy oil corridor around Lloydminster, Saskatchewan. Terms of the deals were not disclosed, but Bregal principal Paul McGill (pictured) says the firm has “dedicated at least $75 million” of equity to the platform.

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