Weld Riley Attorneys Handle Closing of $80 Million Acquisition

Weld Riley attorneys John Behling, Anders Helquist, and Grant Beardsley were recently involved in the completion of the Source Energy Services’ acquisition of a frac sand mine in Blair, Wisconsin, two terminals located in Chetwynd and Fort Nelson, British Columbia, Canada, and exploration rights to more than 3,600 acres in the Peace River Valley of Alberta, Canada from certain affiliates of Preferred Proppants. Source Energy Services is an international energy company based in Calgary, Alberta, Canada and is publicly traded on the Toronto Stock Exchange. This acquisition had a purchase price of $80 million, subject to post-closing adjustments. Read more about the acquisition here.

Weld Riley is counsel to multiple Fortune 100 companies and their attorneys provide counsel to both large and small businesses regarding initial formation, acquisitions, due diligence, environmental, real estate, and other regulatory and business matters.