ProFrac Holding Corp. (NasdaqGS:ACDC) acquired Producers Services Holdings LLC for $35 million on January 3, 2023. Approximately half of the consideration was paid in ProFrac Class A common shares. Through this transaction, ProFrac will add three fleets, of which two are currently active, totaling 200,000 HHP as well as a 50,000 square foot manufacturing facility located near Zanesville, OH, through which the Company plans to expand its manufacturing footprint to support Northeast operations. Brown Rudnick LLP served as legal counsel to ProFrac on the acquisition of Producers.

ProFrac Holding Corp. (NasdaqGS:ACDC) completed the acquisition of Producers Services Holdings LLC for $36.5 million on January 3, 2023.