Bedell advises 4D Global Energy Investments plc09 Jul 2013
Bedell advised Paris-based 4D Global Energy Advisors in connection with the investment by its third private equity fund, 4D Global Energy Investments plc (4D), in a significant equity position in ORS International Limited (ORS), a provider of integrated drilling fluids services, waste management services and equipment to clients in North America, the Middle East and North Africa.
Bedell advised 4D on its investment through a combination of equity and secured convertible debt which also funded the simultaneous acquisition by ORS of a substantial majority interest in Texas based drilling fluids company Megafluids, and will provide funds for further US acquisitions and capital expenditure.
The Bedell legal team was led by corporate partner Bruce Scott with lead associate Andreas Elofs. Bedell International Finance provides corporate administration services to ORS. The Bedell administration team in Jersey was led by associate director Ariel Pinel with assistance from Claire De La Haye.