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Cypress Energy Partners prices IPO at the $20 midpoint

January 15, 2014

Cypress Energy Partners LP, which provides environmental and inspection services to oil and natural gas companies, raised $75 million by offering 3.8 million shares at $20, the midpoint of the range of $19 to $21. Cypress Energy Partners LP plans to list on the NYSE under the symbol CELP. Cypress Energy Partners LP initially filed confidentially on 9/20/2013. Raymond James, Baird, Stifel and BMO Capital acted as lead managers on the deal.