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Fairmount Santrol files for an IPO that could raise $1 billion for American Securities

FMSA Holdings, an LBO'd global provider of sand and sand-based products to oil and gas E&Ps, filed on Friday with the SEC to raise up to $100 million in an initial public offering, although the deal size is likely just a placeholder. We estimate the company...read more

U.S. Silica Holdings quiet period ends March 12

U.S. Silica Holdings, the second largest domestic producer of silica and major producer of fracking sand, will see its quiet period end on 3/12/12. On 1/31/12, the company raised $200.0 million by offering 11.8 million shares at $17.00, within the range of...read more

Troubles for the energy industry detract from exciting week for US IPOs

For all the positive headlines (the Facebook announcement, the jobs report, the market rally), the end of January was a mixed bag for the US IPO market. The FTSE Renaissance US IPO Index (IPOS), up 15.4% year-to-date, maintained its stellar start to the year,...read more

Hydraulic fracturing services provider Platinum Energy Solutions postpones IPO

Platinum Energy Solutions, which provides fracturing services used in unconventional oil and gas drilling, postponed its IPO on Thursday citing poor market conditions. Platinum's closest peers have significantly underperformed the market over the past year, in...read more