Kelly Hart represented Mustang Energy Services in its sale to private equity-backed competitor Extreme Plastics Plus (EPP). The merger is expected to create one of the country’s largest environmental containment services companies. The combined company, which specializes in providing environmental liner systems, above ground storage tanks, composite mats, secondary containment systems, and floating covers, will serve exploration and production operators across Texas, New Mexico, Oklahoma, Pennsylvania, West Virginia, Ohio, Colorado, and Wyoming. To facilitate the merger, an affiliate of New York private equity firm Blue Wolf Capital Partners, which is a majority investor in EPP, acquired a majority interest in Mustang. The company will be led by EPP CEO Wade Jay Minmier. The Kelly Hart deal team included Benton Cantey, Chelsea Wood, Nathan McCune, Tom Hegi, Chris Howe, Mark Bishop, and Matthew Luensmann. Holland & Knight represented the buyer.
