THE WOODLANDS, Texas and SHREWSBURY, United Kingdom, Oct. 27, 2026 /PRNewswire/ -- Shrieve Chemical Company ("Shrieve"), a portfolio company of Gemspring Capital and a leading global distributor of specialized chemicals serving a broad range of end markets, announced today that it has acquired Clear Solutions International Ltd. ("Clear Solutions"), a developer and manufacturer of proprietary water-based drilling fluid systems headquartered in Wem, England. Terms of the transaction were not disclosed.

Founded in 2003, Clear Solutions has built a strong reputation for technical innovation, product performance, and customer support. Its Pure-Bore^® family of environmentally compliant drilling fluids serves oil and gas, geothermal, tunneling, mining, geotechnical, well abandonment, and horizontal directional drilling (HDD) applications across the U.K., Europe, and North America. The acquisition expands Shrieve's Energy Products and Services portfolio and deepens its presence in key energy and infrastructure end markets. Together, the companies are well positioned to provide customers with a broader range of products and technical solutions across key energy and infrastructure applications.

"We are excited to welcome the Clear Solutions team to Shrieve," said Joey Gullion, Chief Executive Officer of Shrieve. "The Pure-Bore^® technology platform, strong customer relationships, and technical expertise developed by Clear Solutions make this a strong strategic fit. This acquisition expands our capabilities and enhances our energy and infrastructure offering, creating new opportunities to support customers across multiple sectors and geographies."

"Shrieve's commitment to growth, innovation, and customer service makes it an ideal partner for Clear Solutions," said Glynn Williams, President of Clear Solutions. "Together, we can leverage our complementary strengths to expand the reach of the Pure-Bore^® product family while continuing to deliver the quality and technical support our customers expect."

About Clear Solutions
Clear Solutions is a U.K.-based developer and manufacturer of proprietary water-based drilling fluid systems marketed under the Pure-Bore^® brand. The company serves customers across oil and gas, geothermal, tunneling, mining, geotechnical, well abandonment, and HDD applications through a portfolio of environmentally compliant drilling solutions. For more information, visit www.clearsolutions.com.

About Shrieve
Shrieve, based in The Woodlands, Texas, is a leading value-added chemicals distributor serving a broad range of end markets globally. Since its founding in 1978, Shrieve has leveraged its knowledge network to find the best match between suppliers, customer needs, and product applications. Through its four operating segments, Industrial Distribution, Specialty Distribution, Specialty Lubricants, and Energy Products and Services, Shrieve markets nearly 1,500 products across more than 40 countries. For more information, visit www.shrieve.com.

About Gemspring Capital
Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Media Contact
Jason VanVleet
jvanvleet@shrieve.com

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SOURCE Gemspring Capital