May 15, 2019
QMax Solutions Inc. (the “Company” or “QMax”) announced today that it is commencing, subject to market and other conditions, an offering of $225 million aggregate principal amount of Secured Notes due 2024 (the “Notes”) through its direct wholly owned subsidiary, QMax Financial Holdings Inc. The Company intends to use the proceeds from the offering to (i) fund a portion of the consideration for an upcoming acquisition (the “Acquisition”), (ii) repay outstanding indebtedness of the Company, (iii) buy out certain existing equipment leases and (iv) pay fees and expenses in connection with the offering and the Acquisition.
The offering will ... READ MORE
QMax Solutions, Inc. has been awarded a “Best and Brightest Companies to Work For in the Nation®” award.
This award identifies and honors companies that display excellence in human resource practices and employee enrichments. Companies are scored based on communication, work-life balance, employee education, diversity, recognition and retention, along with other categories.
Chris Rivers, president and CEO, QMax, said, “We are proud to receive this award. It is always rewarding to gain recognition for one of our core values – excellence. This accolade is only possible due to the exceptional qualities and work ethic of all of our employees. Our people bring ... READ MORE
We are very pleased to announce the purchase of Terra Oilfield Solutions, LLC (“Terra”) by Q’Max America, Inc. (QMax)/Anchor USA.
Terra, based in Spring, TX, is an active provider of solids control solutions in West Texas and Mid-Continent regions with operations in Oklahoma, Texas, New Mexico, and Louisiana. Their footprint, product and services offering, and customer base is highly complementary to our existing Anchor USA solids control business.
The combined company, operating under Anchor USA, is positioned as a market leader in solids control with opportunities to grow based on exemplary service quality, safety, and footprint in key operating regions in the U.S. ... READ MORE
We are very pleased to announce that we have completed the merger of the USA businesses of QMax and Anchor Drilling Fluids (“Anchor”).
Anchor, based in Tulsa, has been in operations in every U.S. land basin for over 22 years. The new company will provide products and services, including solids control and screens, to the U.S. land market as Anchor USA.
Anchor has enjoyed a solid market share based on their excellent service quality, outstanding safety record, and quality engineering. Anchor, along with QMax’s U.S. businesses including Patriot Drilling Fluids and MudMixers, have grown their share from relative startups over the past ... READ MORE
Come See Us at These Events
Peace Region Petroleum Show May 15th - 16th, 2019 Booth 2711 Evergreen Park 55051 Township Road 710 Alberta, Canada LEARN MORE
Congreso Mexicano del Petróleo June 19th – 22nd, 2019 Leon Poliforum León, Guanajuato LEARN MORE