Hi-Crush preparing to launch IPO

By Noah Brenner

 12 July 2012 22:59 GMT

US fracturing sand miner Hi-Crush Partners has begun the process for an initial public offering of equity shares that could raise as much as $200 million, according to a filing with US regulators. Hi-Crush, which is backed by an investment from private equity player Avista Capital Management, mines and processes sand in Wisconsin to be used in hydraulic fracturing.

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