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Profrac Holding Corp. To Acquire Two Companies Expanding Its Pressure Pumping Footprint And Sand Mine Portfolio

PUBLIC · ACDCDec 27, 2022

Acquiring Company

ProFrac Holding

Acquired Company

Sandstorm Gold Ltd

Willow ParkVancouverEnergyOil And GasMiningMineralMining Technology

Description

ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") today reported that it has closed its previously-announced acquisition of the Eagle Ford sand mining operations of Monarch Silica, LLC ("Monarch"), and announced that it has entered into definitive agreements to acquire two companies that will grow its pressure pumping footprint and sand mine portfolio.

Quick answer

ProFrac Holding is acquiring Sandstorm Gold Ltd, announced December 27, 2022. ProFrac Holding is based in Willow Park, Texas, United States.

How much did ProFrac Holding pay for Sandstorm Gold Ltd?
The deal value was not disclosed.
What does ProFrac Holding do?
ProFrac Holding Corp. is a technology-focused, vertically integrated, innovation-driven energy services holding company providing hydraulic fracturing, proppant production, and other completion services to leading..
Where are ProFrac Holding and Sandstorm Gold Ltd based?
ProFrac Holding is based in Willow Park, Texas, United States. Sandstorm Gold Ltd is based in Vancouver, British Columbia, Canada.

Source: Fundz verified event record.

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Company Information

Company

ProFrac Holding

Location

Willow Park, Texas, United States

About

ProFrac Holding Corp. is a technology-focused, vertically integrated, innovation-driven energy services holding company providing hydraulic fracturing, proppant production, and other completion services to leading upstream oil and natural gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs, focusing on employing new technologies to reduce greenhouse gas emissions and increase efficiency in the unconventional E&P development process.

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Frequently asked

Who acquired Sandstorm Gold Ltd?

Sandstorm Gold Ltd was acquired by ProFrac Holding, based in Willow Park. The deal was reported on December 27, 2022. ProFrac Holding Corp. ProFrac Holding is publicly traded (ACDC) and operates in Energy.

When did ProFrac Holding acquire Sandstorm Gold Ltd?

ProFrac Holding's acquisition of Sandstorm Gold Ltd was reported on December 27, 2022. ProFrac Holding Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sandstorm Gold Ltd do?

Sandstorm Gold Ltd. is a gold streaming and royalty company. It provides upfront financing to mining companies in exchange for a percentage of the mineral production. Sandstorm aims to acquire high-quality assets in the mining industry. It is privately held, operating in Mining, and is based in Vancouver.

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