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Published on 9/21/2023 in the Prospect News Distressed Debt Daily.

Williams Industrial closes sale of most assets to EnergySolutions

By Sarah Lizee

Olympia, Wash., Sept. 21 – Williams Industrial Services Group Inc. closed the sale of most of its assets to stalking horse bidder EnergySolutions Nuclear Services, LLC on Sept. 18, according to a notice filed with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the purchase price was $60 million.

The assets represent the company’s nuclear, fossil, energy delivery and paper mill operations.

EnergySolutions did not acquire the company's operations connected to its water contracts in Florida and Texas.

Atlanta-based Williams Industrial Services is a provider of infrastructure related services to blue-chip customers in energy and industrial end markets. The company filed bankruptcy on July 20 under Chapter 11 case number 23-10961.


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