ProFrac Holding Closes Acquisition of West Texas Sand Operations.
MANews-(C)2009-2022
Texas-based energy services company ProFrac Holding Corp's (NASDAQ: PFHC) ProFrac Holdings II, LLC subsidiary has closed the acquisition of SP Silica of Monahans, LLC, and SP Silica Sales, LLC, the West Texas subsidiaries of Signal Peak Silica, for approximately USD 90m, the company said.
No additional terms were disclosed.
Piper Sandler and Co. served as exclusive financial advisor to ProFrac on the acquisition and Winston and Strawn LLP is acting as ProFrac's legal counsel on the transaction.
Evercore served as exclusive financial advisor to Signal Peak Silica and Sidley Austin LLP is acting as Signal Peak Silica's legal counsel on the transaction.
ProFrac Holding is a...
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