Smart Sand Partners LP files for $100m IPO
Published: Friday, 14 November 2014
Clearlake may be wishing that it had put Smart Sand up for an IPO at the end of the summer, when frac sand companies were riding high on the stock markets. The outlook for frac sand producers, however, is still looking very positive, with strong competition for supply.
Texas, US-based Smart Sand Partners (LP),
currently owned by Clearlake Capital Group
LLC, has filed with the US Securities and Exchange Commission
(SEC) for a $100m initial public offering (IPO).
Smart Sand plans to list on the NASDAQ stock...