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Vista Proppants files for a $100 million IPO


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Vista Proppants and Logistics, which is a leading provider of frac sand solutions in Texas and Oklahoma, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Fort Worth, TX-based company was founded in 2017 and booked $221 million in sales for the 12 months ended September 30, 2017. It plans to list on the Nasdaq under the symbol VPRL. Vista Proppants and Logistics filed confidentially on August 14, 2017. Citi, Credit Suisse and Simmons & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Vista Proppants files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs


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