Solaris Oilfield Infrastructure, which provides proppant management systems for hydraulic fracturing, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
The Houston, TX-based company was founded in 2014 and booked $18 million in sales for the 12 months ended December 31, 2016. It plans to list on the NYSE under the symbol SOI. Solaris Oilfield Infrastructure filed confidentially on February 9, 2017. Credit Suisse and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.
