Profrac holding corp. completes acquisition of rev energy holdings, llc and producers services holdings llc, adding six frac fleets

Willow park, texas , jan. 3, 2023 /prnewswire/ -- profrac holding corp. (nasdaq: acdc) ("profrac" or the "company") today reported that it has closed on its previously-announced acquisition of rev energy holdings, llc ("rev"), a privately owned pressure pumping service provider with operations in the rockies and eagle ford.  profrac acquired rev for $140 million, consisting of $70 million in profrac class b common shares, approximately $39 million in seller-provided financing, and the balance with cash on hand and debt assumption of approximately $5.5 million.
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