Deal Details
Initial Public Offering
Summary
Baird served as a co-manager on this offering.
About
FMSA Holdings, Inc. (“Fairmount Santrol” or the “Company”) (NYSE: FMSA) recently completed an initial public offering of 25,000,000 common shares at a price of $16.00 per share, generating gross proceeds of $400 million. The Company will not receive any proceeds from the sale of the common shares by the selling shareholders.Fairmount Santrol, formerly Fairmount Minerals, is a leading provider of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. The Company also provides high-quality products, strong technical leadership and applications knowledge to end users in the foundry, building products, water filtration, glass and sports and recreation markets. Its global logistics capabilities include a wide-ranging network of distribution terminals and thousands of rail cars that allow the company to effectively serve customers wherever they operate. The Company is headquartered in Chesterland, Ohio.
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- Date
- October 2014
- Company
- FMSA Holdings, Inc.
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
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