M&A Deal Summary

ProFrac Acquires REV Energy

On December 27, 2022, ProFrac acquired energy services and equipment company REV Energy for 140M USD

Acquisition Highlights
  • This is ProFrac’s 3rd transaction in the Energy Services and Equipment sector.
  • This is ProFrac’s 4th largest (disclosed) transaction.
  • This is ProFrac’s 4th transaction in the United States.
  • This is ProFrac’s 1st transaction in Colorado.

M&A Deal Summary

Date 2022-12-27
Target REV Energy
Sector Energy Services and Equipment
Buyer(s) ProFrac
Deal Type Add-on Acquisition
Deal Value 140M USD
Advisor(s) Piper Sandler & Co. (Financial)

Target

REV Energy

Denver, Colorado, United States
REV Energy is a privately owned pressure pumping service provider with operations in the Rockies and Eagle Ford. REV Energy is based in Denver, Colorado.

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Buyer(S) 1

Buyer

ProFrac

Willow Park, Texas, United States

website


Category Company
Founded 2016
Sector Oil/Gas Exploration
DESCRIPTION

ProFrac provides leading solutions allowing its customers to harness critical natural resources. The company offers top-of-the-line, high-pressure pumps paired with the toughest frac equipment crafted for longer laterals and multi-well pads. It believes in environmental stewardship and continues to invest in technology and equipment to reduce our emissions. ProFrac was formed in 2016 and is based in Willow Park, Texas.


DEAL STATS #
Overall 4 of 4
Sector (Energy Services and Equipment) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Colorado) 1 of 1
Country (United States) 4 of 4
Year (2022) 3 of 3
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-27 Performance Proppant

Bossier City, Louisiana, United States

Performance Proppant offer five different sand products, including 3100, 40/140, 30/70, 40/70 and 100 mesh. Performance Proppant is based in Bossier City, Louisiana.

Buy $475M