Team led by Habeeb (Hobbs) Gnaim represents Monarch Silica, LLC in its $175 Million Sale to ProFrac Holding Corp.
Chamberlain Hrdlicka’s Houston-based team, led by Habeeb ‘Hobbs’ Gnaim, Practice Chair of the Tax Planning & Business Transactions Group, represented Monarch Silica, LLC in its $175 million sale to ProFrac Holding Corp. (NASDAQ: ACDC). Michael Preng, Umair Karowadia, Matthew Stirneman, Jack Najarian, David Pierson and Christopher Hydrick assisted with the transaction.
With a sand mine conveniently located in the Eagle Ford shale formation, Monarch Silica, LLC offers hydraulic proppants to oil and gas operating companies and service companies looking to minimize freight costs in the delivery of these high-quality products.
