On the Record · ProFrac Holding
ProFrac Holding acquisitions, on the record
The businesses ProFrac Holding bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
FTSIWord for word“Our $405.7 million acquisition of FTSI in March 2022,” 10-K for 2023 | acquisition | March 2022 | $405.7 million |
SP Silica of Monahans, LLC and SP Silica Sales, LLCWord for word“Our $97.4 million acquisition of SP Silica of Monahans, LLC and SP Silica Sales, LLC in July 2022,” 10-K for 2023 | acquisition | July 2022 | $97.4 million |
USWSWord for word“Our $479.1 million acquisition of USWS in November 2022,” 10-K for 2023 | acquisition | November 2022 | $479.1 million |
Monarch Silica, LLC and related real estateWord for word“Our $164.6 million acquisition of Monarch Silica, LLC and related real estate in December 2022,” 10-K for 2023 | acquisition | December 2022 | $164.6 million |
REVWord for word“Our $145.2 million acquisition of REV in December 2022,” 10-K for 2023 | acquisition | December 2022 | $145.2 million |
Producers Service Holdings LLCWord for word“Our $36.5 million acquisition of Producers Service Holdings LLC in January 2023, and” 10-K for 2023 | acquisition | January 2023 | $36.5 million |
Performance Proppants, LLC, Red River Land Holdings, LLC, Performance Royalty, LLC, Performance Proppants International, LLC and Sunny Point Aggregates, LLCWord for word“Our $462.8 million acquisition of Performance Proppants, LLC, Red River Land Holdings, LLC, Performance Royalty, LLC, Performance Proppants International, LLC and Sunny Point Aggregates, LLC in February 2023.” 10-K for 2023 | acquisition | February 2023 | $462.8 million |
Basin Production and Completion LLC ("BPC")Word for word“In April 2024, we acquired all of the remaining equity interests of Basin Production and Completion LLC (“BPC”).” 10-K for 2024 | acquisition | In April 2024 | — |
Advanced Stimulation Technologies, Inc. ("AST")Word for word“In June 2024, we acquired 100% of the issued and outstanding capital stock of Advanced Stimulation Technologies, Inc. (“AST”), a pressure pumping services provider serving the Permian Basin, for total purchase consideration of $174.0 million in cash.” 10-K for 2024 | acquisition | In June 2024 | for total purchase consideration of $174.0 million in cash |
NRG Manufacturing, Inc. and AMI US Holdings, Inc. ("NRG")Word for word“In June 2024, we acquired 100% of the issued and outstanding common stock of NRG Manufacturing, Inc., which manufactures equipment used in the hydraulic fracturing industry, and its affiliate, AMI US Holdings, Inc., which develops commercial software used in hydraulic fracturing industry (collectively, “NRG”), for total purchase consideration of $6.0 million in cash.” 10-K for 2024 | acquisition | In June 2024 | for total purchase consideration of $6.0 million in cash |
Producers Service Holdings LLC ("Producers")Word for word“On January 3, 2023, we acquired 100% of the issued and outstanding membership interest of Producers Service Holdings LLC (“Producers”), a Delaware limited liability company, an employee-owned pressure pumping services provider serving Appalachia and the Mid-Continent, for approximately $35.0 million of total transaction value, of which approximately half was payable in shares of ProFrac’s Class A common stock, par value $0.01 per share (the “Class A Common Stock”), with the remainder consisting of cash and debt assumption.” 10-K for 2024 | acquisition | On January 3, 2023 | for approximately $35.0 million of total transaction value |
Performance Proppants (Performance Proppants, LLC and affiliated entities)Word for word“On February 24, 2023, we acquired 100% of the issued and outstanding membership interests in (i) Performance Proppants, LLC, a Texas limited liability company, (ii) Red River Land Holdings, LLC, a Louisiana limited liability company, (iii) Performance Royalty, LLC, a Louisiana limited liability company, (iv) Performance Proppants International, LLC, a Louisiana limited liability company, and (v) Sunny Point Aggregates, LLC, a Louisiana limited liability company (together, “Performance Proppants”) for a total purchase consideration of approximately $462.8 million, consisting of (x) $452.4 million in cash, (y) a number of shares of Class A Common Stock equal to $6.2 million, and (z) the settlement of a pre-existing receivable of $4.2 million.” 10-K for 2024 | acquisition | On February 24, 2023 | for a total purchase consideration of approximately $462.8 million |
Basin Production and Completion LLCWord for word“The total purchase consideration was $39.8 million, consisting of cash consideration of $14.9 million and our pre-existing investment of $24.9 million.” 10-K for 2025 | acquisition | — | $39.8 million |
Advanced Stimulation Technologies, Inc.Word for word“In June 2024, we acquired 100% of the issued and outstanding capital stock of Advanced Stimulation Technologies, Inc. (“AST”), a pressure pumping services provider serving the Permian Basin, for total purchase consideration of $173.4 million in cash.” 10-K for 2025 | acquisition | In June 2024 | $173.4 million in cash |
NRG Manufacturing, Inc.Word for word“In June 2024, we acquired 100% of the issued and outstanding common stock of NRG Manufacturing, Inc., which manufactures equipment used in the hydraulic fracturing industry, and its affiliate, AMI US Holdings, Inc., which develops commercial software used in hydraulic fracturing industry (collectively, “NRG”), for total purchase consideration of $6.0 million in cash.” 10-K for 2025 | acquisition | In June 2024 | $6.0 million in cash |
Performance ProppantsWord for word“On February 24, 2023, we acquired 100% of the issued and outstanding membership interests in (i) Performance Proppants, LLC, a Texas limited liability company, (ii) Red River Land Holdings, LLC, a Louisiana limited liability company, (iii) Performance Royalty, LLC, a Louisiana limited liability company, (iv) Performance Proppants International, LLC, a Louisiana limited liability company, and (v) Sunny Point Aggregates, LLC, a Louisiana limited liability company (together, “Performance Proppants”) for a total purchase consideration of approximately $462.8 million, consisting of (x) $452.4 million in cash, (y) a number of shares of Class A Common Stock equal to $6.2 million, and (z) the settlement of a pre-existing receivable of $4.2 million.” 10-K for 2025 | acquisition | On February 24, 2023 | approximately $462.8 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2020-12-31 | $1.3 million | — |
| 2021-12-31 | $4.3 million | — |
| 2022-12-31 | $640.7 million | — |
| 2023-12-31 | $454.5 million | — |
| 2024-12-31 | $194.4 million | $26.2 million |
Deal filings since 2016
- 2026-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from ProFrac Holding’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.