Stratrix
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

BusinessDealWhenValue
FTSI
Word for word“Our $405.7 million acquisition of FTSI in March 2022,” 10-K for 2023
acquisitionMarch 2022$405.7 million
SP Silica of Monahans, LLC and SP Silica Sales, LLC
Word 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
acquisitionJuly 2022$97.4 million
USWS
Word for word“Our $479.1 million acquisition of USWS in November 2022,” 10-K for 2023
acquisitionNovember 2022$479.1 million
REV
Word for word“Our $145.2 million acquisition of REV in December 2022,” 10-K for 2023
acquisitionDecember 2022$145.2 million
Producers Service Holdings LLC
Word for word“Our $36.5 million acquisition of Producers Service Holdings LLC in January 2023, and” 10-K for 2023
acquisitionJanuary 2023$36.5 million
Performance Proppants, LLC, Red River Land Holdings, LLC, Performance Royalty, LLC, Performance Proppants International, LLC and Sunny Point Aggregates, LLC
Word 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
acquisitionFebruary 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
acquisitionIn 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
acquisitionIn June 2024for 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
acquisitionIn June 2024for 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
acquisitionOn January 3, 2023for 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
acquisitionOn February 24, 2023for a total purchase consideration of approximately $462.8 million
Basin Production and Completion LLC
Word 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
acquisitionIn 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
acquisitionIn June 2024$6.0 million in cash
Performance Proppants
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 2025
acquisitionOn February 24, 2023approximately $462.8 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash 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

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.