BB&T Capital Markets Serves as an Underwriter on Emerge Energy Services, L.P.’s Follow-On Equity Offering
BB&T Capital Markets Equity Origination Group completed a transaction for a frac sand MLP in the second quarter of 2014, in an equity offering worth $383,388,215. This transaction represents a continued sale of the interests of the partnership’s private equity sponsor, Insight Equity.
About the Companies
Emerge Energy Services, L.P. engages in the mining and processing of frac sand, a component used in hydraulic fracturing of oil and natural gas wells. The partnership also engages in the refining of transmix, distribution of finished fuel products, terminal and reclamation activities, and refining of biodiesel.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, equity research and sales and trading. Headquartered in Richmond, Va., with offices throughout the U.S., we have specific expertise within eleven distinct industry verticals including Aerospace, Defense & Government Services; Automotive Aftermarket; Commercial & Industrial; Financial Services; Food & Agribusiness; Logistics & Transportation Services; Healthcare; Education; Energy; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.