Privately Held ProFrac to Buy FTS International for $407.5 million in Cash
Transaction Type
Sellers
Buyers
Basin
Multiple
Announce Date
Post Date
Estimated Price
$407.5MM
Description
To acquire Fort Worth, TX-based FTS for $26.52 per share in an all-cash transaction set to create the largest completions focused service companies in the US oil and gas industry. (Expected to close 1Q 2022)