Smart Sand acquires idled Wisconsin frac sand mine from Hi-Crush for $6.45M cash

Smart Sand, Inc.

Acquired Hi-Crush Blair LLC for $6.45M cash; asset includes idled frac sand mine with 2.8M tons annual capacity and unit-train rail terminal.
Clearlake Capital affiliates own ~24% of Smart Sand and significant stake in Hi-Crush; transaction approved by disinterested directors.
Blair mine is currently idled; Smart Sand gains optionality to restart production when market conditions improve.
Purchase agreement includes customary representations, warranties, and indemnities; closing occurred on March 4, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.