Select Energy Services, which provides water services for hydraulic fracturing, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
The Gainseville, TX-based company was founded in 2007 and booked $302 million in sales for the 12 months ended December 31, 2016. It plans to list on the NYSE under the symbol WTTR. Credit Suisse, FBR Capital Markets, Wells Fargo Securities, BofA Merrill Lynch, Citi and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.
