Smart Sand Partners Files for IPO

Smart Sand Partners has filed an S-1 form with the US Securities and Exchange Commission for an initial public offering.

No terms were set for the offering, but the filing is for $100 million. The company will list on the Nasdaq Global Market under the symbol SSLP. The underwriter  for the offering are Goldman Sachs and Credit Suisse.

Smart Sand Partners produces of Northern White frac sand and owns and operates a sand mine and related processing plant on 1,168 acres near Oakdale, Wisconsin.

For the year ended in December, Smart Sand Partners generated pro forma adjusted EBITDA of $16.4 million and pro forma net income of $12.4 million. For the nine months ended in September, the company generated pro forma adjusted EBITDA of $26.6 million and pro forma net income of $23.1 million.

Source

(Visited 88 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.