Washington,
DC (January 30, 2008) – FOCUS LLC, a national
middle market investment banking firm providing merger,
acquisition, divestiture and corporate finance services
announced today that Soil Farming, Inc. of Oklahoma has
been acquired by Terra Renewal Services, a portfolio company
of Saw Mill Capital of New York. FOCUS
represented Soil Farming in the transaction.
Soil Farming is a diversified oil field services company
specializing in the disposal of drilling fluids and solids,
utilizing environmentally “green” methods. Services
are provided in Oklahoma, Arkansas and Texas and include
disposal, fluid handling, and related rentals and services.
Terra Renewal Services, was founded in 1995 and has built
a solid reputation in the “green disposal” industry,
including poultry, paper, agriculture, food processing, animal
food and waste recycling. Today, Terra Renewal is
one of the largest privately held wastewater residual management
companies in the United States.
William Toellner of Soil Farming, commented, “this
will enable our company to accelerate its growth, and continue
to support exploration and production clients across a larger
geography.”
FOCUS bankers Doug Rodgers and Jonathan Wilfong managed
this transaction which “is indicative of the consolidation
activity in the domestic oilfield services space.”
About FOCUS LLC
FOCUS LLC provides a range of middle market
investment banking services with an emphasis on mergers,
acquisitions, divestitures and corporate finance. FOCUS is
headquartered in Washington, D.C. with regional offices in
Atlanta, Chicago and San Francisco. FOCUS specializes
in business units with transactions or revenues in the $5-300
million range, serving entrepreneurs, corporate owners and
various types of investors across a broad range of industries,
throughout the U.S. and worldwide, with extensive experience
in the oil field services sector. FOCUS bankers
are seasoned operating and financial executives with extensive
transaction experience. Securities transactions are conducted
by Wm. H. Murphy & Co., Inc. registered Broker Dealer
member FINRA/SIPC. For more information on FOCUS,
visit www.focusbankers.com. |