Iron Oak Energy Acquires High Roller Sand

Iron Oak Energy Solutions Acquires Superior Silica Sands LLC

December 16, 2025

Energy

Iron Oak Energy Solutions LLC acquired Superior Silica Sands LLC in an all-stock transaction, adding over 3 million tons per year of frac sand production capacity and expanding Iron Oak's footprint in the Eagle Ford Shale. The deal increases Iron Oak's total annual production capacity to roughly 40 million tons and broadens the combined platform's ability to serve oil & gas, construction and industrial sand markets.

Total Sand Solution Acquires Sand Revolution

November 6, 2025

Logistics & Distribution

Total Sand Solution (TSS), a Fort Worth–based proppant logistics provider, has acquired Midland, Texas–based Sand Revolution, a last-mile proppant trucking and delivery specialist. The deal expands TSS's geographic footprint and market share across the Permian and Eagle Ford Basins and brings Sand Revolution's last-mile capabilities and management team (including CEO Greg Lanham) into TSS's senior leadership.

Atlas Energy Solutions Acquires Hi-Crush Permian Proppant Assets

February 27, 2024

Energy

Atlas Energy Solutions Inc. agreed to acquire Hi-Crush Inc.'s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million, comprised of $150 million cash up-front, $175 million in AESI common stock and $125 million in a seller's note. The deal (effective Feb 29, 2024) expands Atlas's pro forma production capacity to ~28 million tons, broadens its logistics capabilities (adding Pronghorn and OnCore), is expected to be accretive to CFPS/EPS and to yield over $20 million of annual synergies by 2026; the transaction excludes Hi-Crush's Northern White Sand mining assets and northeastern rail terminals.

Covia Energy and Black Mountain Sand Merge to Form Iron Oak Energy Solutions

November 4, 2024

Energy

Covia Energy LLC and Black Mountain Sand Holdings LLC have merged in an all-stock transaction to form Iron Oak Energy Solutions, a proppant supplier with roughly 30 million tons of annual production capacity and operations across major North American shale basins. The combined company is privately sponsored by Anchorage Capital Advisors, Golden Gate Capital, and NGP and will be headquartered in Houston, Texas to serve producers with both in-basin and Northern White sand assets.

ProPetro Acquires Aqua Prop

June 3, 2024

Energy

ProPetro Holding Corp. (NYSE: PUMP) acquired Aqua Prop LLC, a provider of wet sand solutions for hydraulic fracturing, in an all-cash transaction initially valued at $35.6 million net of working capital. The acquisition expands ProPetro’s integrated completions capabilities by adding onsite sand storage, handling and preferred logistics access and includes cash consideration, earnout incentives and potential growth capex.

Summit Midstream Corporation Acquires Tall Oak Midstream III from Tailwater Capital

October 1, 2024

Energy

Summit Midstream Corporation and its subsidiary Summit Midstream Partners, LP completed the acquisition of Tall Oak Midstream Operating, LLC (Tall Oak Midstream III) from an affiliate of Tailwater Capital. Consideration included $155 million in cash, 7.5 million common units/shares (equity consideration) and up to $25 million of contingent cash; the deal expands Summit's natural gas gathering and processing footprint in the Arkoma Basin and rebalances its portfolio toward natural gas.