M&A · Energy · Buyer's industry: Oil & Gas Field Services, NEC
ProPetro Holding Corp. to acquire Silvertip
Announced Nov 2, 2022 · Closed Nov 2, 2022 · Private target
Deal value$150M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- ProPetro Holding Corp. (PUMP)
- Target
- Silvertip
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Nov 2, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Energy
- Buyer's industry
- Oil & Gas Field Services, NEC