Insight
ProFrac Holdings II, LLC, Acquires Monarch Silica, LLC
Insight
ProFrac Holdings II, LLC, Acquires Monarch Silica, LLC
December 5, 2022
Winston & Strawn advised affiliates of ProFrac Holding Corp. (NASDAQ: ACDC) (ProFrac) in its entry into a definitive agreement to acquire the Eagle Ford sand-mining operations of Monarch Silica, LLC. The transaction is expected to close by the end of 2022. This transaction will further evidence ProFrac's commitment to vertical integration and provide ProFrac with access to high-quality, local proppant in Eagle Ford, where it currently operates eight active fleets. This will also allow ProFrac to bundle internally sourced proppant across its active fleets in the region.