Keane Group, which provides well completion services for the hydraulic fracturing industry, filed on Wednesday with the SEC to raise up to $288 million in an initial public offering.
The Houston, TX-based company was founded in 1973 and booked $324 million in pro forma sales for the 12 months ended September 30, 2016. It plans to list on the NYSE under the symbol FRAC. Citi, Morgan Stanley, BofA Merrill Lynch and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.
