Cactus, which sells wellheads and pressure control equipment used in onshore oil and gas wells, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Houston, TX-based company was founded in 2011 and booked $286 million in sales for the 12 months ended September 30, 2017. It plans to list on the NYSE under the symbol WHD. Cactus filed confidentially on March 8, 2017. Citi, Credit Suisse and Simmons & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.
