Emerge Energy Services was formed by Insight Equity in 2012. Insight Equity, a private equity firm based in Southlake, TX, owns a portfolio of companies with more than $800 million of capital currently under management. In May 2013, Emerge Energy Services was combined with Superior Silica Sands (“SSS”), Allied Energy Company (“AEC”), and Direct Fuels (“DF”) in a series of transactions that culminated with the initial public offering of Emerge.
SSS was acquired by Insight Equity in 2008. With Insight Equity’s support, SSS built a new state-of-the-art processing plant at Kosse, TX, in 2009. This facility has the capacity to supply over 900,000 tpy of quality proppant (frac) sand from high quality Wisconsin feed. In 2010, the Company opened a second industrial sand plant in Kosse dedicated to processing sand mined at the Kosse quarry. In 2011, SSS expanded to Wisconsin with the construction of the New Auburn facility, which provides direct access to the highest quality frac sand in the industry. Spurred by additional demand, SSS constructed a second mine and plant operation in Barron County, WI, which shipped its first sand in 2012.
Founded in 1962, AEC is a wholesale distributor of renewable and petroleum-based refined products, with fuel distribution representing a majority of revenue. AEC was acquired by Insight Equity in 2008.
Established in 1997, DF is the largest independent regional fuel distributor and specialty processor in North Texas. DF was acquired by Insight Equity in 2003.