M&A Deal Summary |
|
---|---|
Date | 2018-06-04 |
Target | Quickthree Solutions |
Sector | Machinery |
Buyer(s) | SmartSand |
Deal Type | Add-on Acquisition |
Deal Value | 43M USD |
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Category | Company |
---|---|
Founded | 2011 |
Sector | Energy Services and Equipment |
Employees | 378 |
Revenue | 296M USD (2023) |
SmartSand is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. SmartSand produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. SmartSand was founded in 2011 and is based in Spring, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Machinery) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Saskatchewan) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |