---
schema_version: "secwatch.filing_event.v1"
accession: "0001680247-23-000086"
form_type: "8-K/A"
ticker: "PUMP"
cik: "0001680247"
company_name: "ProPetro Holding Corp."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T18:05:16.038203+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ProPetro acquires Par Five Energy Services; expects $10M EBITDA boost in 2024

## Summary
- Acquired assets and operations of Par Five Energy Services, a Delaware Basin cementing provider.
- Deal expected to increase 2024 Adjusted EBITDA by ~$10M with 80-90% conversion to free cash flow.
- Combines with existing Midland Basin cementing business to form comprehensive Permian cementing service.
- CEO Sam Sledge cites accretive growth and free cash flow generation as strategic rationale.
- No purchase price disclosed; transaction closed as of December 4, 2023.

## SEC filing metadata
- accession: 0001680247-23-000086
- form_type: 8-K/A
- ticker: PUMP
- cik: 0001680247
- company_name: ProPetro Holding Corp.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680247/000168024723000086/0001680247-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680247/000168024723000086/pump-20231204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001680247-23-000086
- JSON: https://secwatch.observer/filing/0001680247-23-000086.json
- Plain text: https://secwatch.observer/filing/0001680247-23-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.