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Blue Sage Capital closes Cobalt Environmental Solutions' sale to Bison

Middle-market investor Blue Sage Capital LP closed the sale of Cobalt Environmental Solutions to Bison, a water infrastructure, logistics and solutions provider.

Terms of the transaction were not disclosed.

Cobalt was created in 2014 as an oilfield waste platform, according to a release.

Queen Saenz + Schutz PLLC represented Cobalt and Blue Sage in the deal.