BOS Solutions is a full-service provider of drilling fluids treatment and recovery solutions to exploration & production (E&P) companies.
Our sector team has spent considerable time in Calgary and Houston building relationships in the oilfield services industry. We were introduced to BOS Solutions (BOS) by one of our industry advisors. We immediately recognized a compelling growth story.
BOS has developed a unique proprietary and patented solution for the clean and efficient recycling of environmentally hazardous oil drilling muds that reduces the financial cost and environmental impact of drilling. The market for BOS’s services is growing steadily, driven by increased drilling in the prolific oil & gas shale plays as well as E&P clients’ desire to manage costs and drill wells with minimal environmental impact.
Having been given gold standard status, BOS needs to expand to capitalize on demand and market growth driven by new energy discoveries, environmental concerns and regulation. Advent’s investment provides BOS the financial resources to capitalize on significant pent-up customer demand for its equipment and services
Advent’s operating partners, who have significant sector experience, are actively providing guidance and support to the management team in pursuit of an aggressive expansion plan. Operating partner involvement spans a variety of critical business issues ranging from strategic planning to developing the appropriate field and service infrastructure necessary to support the growth plan.
Working with experienced operating partners who have been involved from the outset, and in partnership with an eager management team, we are putting in place an aggressive capital build program to provide the extra capacity BOS needs to grow.