SIT­U­A­TION

• The One Source com­pa­nies pro­vide crude haul­ing, well site equip­ment, rental and trans­porta­tion, and envi­ron­men­tal, con­struc­tion, and roustabout services
• Oper­a­tions in the Per­mi­an Basin, Bar­nett Shale, and the Hous­ton Ship Channel
• The Com­pa­ny filed for Chap­ter 11 relief in Decem­ber 2014

OUT­COME

• Chi­ron orga­nized the sale to Dynam­ic Hold­ings, LLC
• The sale max­i­mized val­ue to the Com­pa­ny while pre­serv­ing a sig­nif­i­cant num­ber of jobs and main­tain­ing the loy­al­ty of its cus­tomer base

“Very pro­fes­sion­al job in a dif­fi­cult sit­u­a­tion. Obtained financ­ing to extin­guish the debt of the lega­cy bank.” — Jeff Van Sick­le, Pres­i­dent of Bri­ar Capital