Apollo Funds Acquire Bold Production Services, a Leading Provider of Production-Linked Contracted Gas Treatment Solutions

Core Insights - Apollo has acquired a majority interest in Bold Production Services, a company specializing in natural gas treatment solutions, to capitalize on the increasing demand for U.S. natural gas and treatment solutions [1][2][3] Company Overview - Bold Production Services, founded in 2013, operates a fleet of over 700 assets, including dehydration units and H2S treating units, serving a prestigious customer base in the Permian and Eagle Ford basins [2] - The company will continue to be headquartered in Houston, Texas, and is led by CEO Glen Wind and his executive team [2] Market Trends - The investment from Apollo is expected to support Bold's growth as natural gas demand is projected to rise over the next decade, driven by trends in power generation, LNG exports, and data centers [2][3] - Bold aims to provide reliable gas treatment solutions that enhance operational efficiency while reducing emissions [3] Investment and Growth Potential - Apollo sees significant growth potential in Bold, supported by strong customer relationships and expansion opportunities in the natural gas treatment market [3] - Over the past five years, Apollo-managed funds have committed approximately $58 billion to climate and energy transition-related investments [3]