ProFrac Holdings Acquires FTS International

ProFrac Holding Corp. Acquires U.S. Well Services, Inc.

November 1, 2022

Energy

ProFrac Holding Corp. completed a stock-for-stock merger to acquire U.S. Well Services, issuing approximately 12.9 million shares (≈$270 million based on a 10-day VWAP) and using cash to retire about $170 million of USWS debt. The deal expands ProFrac's scale and positions it as a market leader in electric hydraulic fracturing with 12 electric fleets and an expected 44 active fleets by early 2023.

Expro Group Completes Merger with Frank's International

October 1, 2021

Energy

Expro Group and Frank's International N.V. have completed a previously announced merger, with the combined company assuming the Expro Group Holdings N.V. name and beginning trading on the NYSE under the ticker XPRO. The transaction creates a larger full‑cycle energy services provider combining well access, drilling and completions capabilities to deliver expanded scale, capability expansion and expected cost and revenue synergies.

Apex Group Acquires Flow (FTS Tech, Inc.)

April 8, 2025

Cloud & SaaS

Apex Group Ltd. has acquired FTS Tech, Inc. (trading as Flow), a private-markets SaaS platform that streamlines fund management, onboarding, and investor engagement. The acquisition (Flow brings ~15 employees and $17bn AUA) integrates Flow's technology into Apex's fund administration and middle-office services to expand digital capabilities and deliver an end-to-end private markets infrastructure.

Atlas Energy Solutions Acquires PropFlow

July 29, 2025

Energy

Atlas Energy Solutions Inc. (NYSE: AESI) has acquired PropFlow, LLC, a provider of patented on-wellsite proppant filtration technology, in a deal that closed July 28, 2025. The acquisition is intended to strengthen Atlas' proppant handling and well-completion capabilities by integrating PropFlow's filtration system with Atlas' sand supply and logistics platform.

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.

ProFrac Holding Corp. Acquires REV Energy Holdings and Performance Proppants (plus Monarch Silica Eagle Ford operations)

December 27, 2022

Energy

ProFrac Holding Corp. (NASDAQ: ACDC) announced it closed the previously announced acquisition of the Eagle Ford sand mining operations of Monarch Silica and entered agreements to acquire REV Energy Holdings, LLC for $140 million and Performance Proppants (Performance Holdings I, LLC and Performance Holdings II, LLC) for $475 million in cash. The transactions expand ProFrac’s pressure pumping footprint in the Rockies and South Texas and materially grow its in-basin proppant capacity in the Haynesville as part of a vertical-integration strategy.