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(Nasdaq: HCCI), a leading provider of parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily focused on small and mid-sized customers, today announced it has completed its acquisition of Patriot Environmental Services, Inc. (“Patriot”). Patriot is a leading provider of environmental services across the Western United States specializing in a wide variety of waste services, including emergency response, industrial services, and OSRO spill response.
Anvil Channel Energy Solutions today announced the close of a USD$51,350,000 senior secured term loan facility to ROK Resources, Inc., supporting the acquisition of producing oil & gas assets, primarily in Saskatchewan and Alberta, Canada from Federated Co-operatives Limited. Total consideration paid for the acquisition was approximately CAD$72 million; Anvil's loan facility was sized at USD-equivalent to CAD$65 million.
This transaction marks the first cross-border transaction undertaken by the new Anvil Channel direct energy lending initiative.