Fluid Delivery Solutions LLC (FDS) is an oilfield water management company primarily delivering and storing fresh water to drillers in major shale plays, including the Marcellus and Utica. Yesterday FDS announced they have a new owner: Trilantic Capital Partners, a global private equity firm. The amount of the financial transaction was not disclosed. However, FDS current CEO Dan Dunkelberg and his existing management team will remain at the helm of FDS. So why sell?…
