M&A Deal Summary |
|
|---|---|
| Date | 2022-06-21 |
| Target | U.S. Well Services |
| Sector | Energy Services and Equipment |
| Buyer(s) | ProFrac |
| Sellers(s) | Crestview Partners |
| Deal Type | Merger |
| Deal Value | 270M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) Paul Hastings Porter Hedges (Legal) |
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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 | 2 of 4 |
| Sector (Energy Services and Equipment) | 1 of 3 |
| Type (Merger) | 1 of 1 |
| State (Texas) | 2 of 2 |
| Country (United States) | 2 of 4 |
| Year (2022) | 1 of 3 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-22 |
FTS International
Fort Worth, Texas, United States FTS International is a provider of well-completion services for the oil and gas industry. Exploration and production companies use FTSI’s products and services primarily to enhance their recovery rates from oil and gas wells. FTS International was formed in 2002 and is based in Fort Worth, Texas. |
Buy | $408M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-27 |
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. |
Buy | $140M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Crestview Partners is a private equity firm focused on challenging investment situations. Crestview targets opportunities across a broad range of industries, with a special interest in asset management, media, healthcare and financial service companies. The Firm looks to commit $100 to $250 million of equity capital in transactions valued between $500 million and $3 billion. Crestview Partners was formed in 2004 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 27 |
| Sector (Energy Services and Equipment) | 2 of 2 |
| Type (Merger) | 2 of 2 |
| State (Texas) | 4 of 4 |
| Country (United States) | 18 of 19 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 11 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-02 |
OneMagnify
Detroit, Michigan, United States OneMagnify is a digital marketing and analytics provider that seamlessly connects marketing, technology, and analytics to draw more meaningful insights and provide a greater impact on its clients’ business performance. OneMagnify was founded in 1967 and is based in Detroit, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-16 |
Digicomm International
Englewood, Colorado, United States Digicomm International is a value-added broadband distributor and reseller. Digicomm International was founded in 1993 and is based in Englewood, Colorado. |
Buy | - |
