ProPetro Holding Corp. /
Silvertip Completion Services Operating, LLC
ProPetro adds Silvertip wireline services business
- Price
- $150m
- Stage
- Closed
What happened
ProPetro Holding Corp. completed its acquisition of Silvertip Completion Services Operating, LLC, a provider of wireline perforating and pumpdown services in the Permian Basin.
The transaction implies a value of $150 million and included ProPetro common stock, cash and the payoff of assumed debt.
The source
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ProPetro adds Silvertip wireline services business
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