Sequeira Partners acted as financial advisor to New Wave Energy Services in sourcing minority equity capital from BDC Capital.
Description of Transaction
Sequeira Partners was engaged as the financial advisor to New Wave Energy Services in sourcing equity capital from BDC Capital. Sequeira provided advisory assistance to New Wave through a structured financing process with BDC Capital, including due diligence and valuation support, negotiation of financing terms and final deal completion.
New Wave Energy Services offers on site frac fluid storage and handling services to oil and gas industry. The company is based in Canada with operations in North Dakota, Saskatchewan and Alberta, Canada.