M&A Deal Summary

Cascade Drilling Acquires Vironex Technical Services

On February 6, 2015, Cascade Drilling acquired business services company Vironex Technical Services

Acquisition Highlights
  • This is Cascade Drilling’s 1st transaction in the Business Services sector.
  • This is Cascade Drilling’s 3rd transaction in the United States.
  • This is Cascade Drilling’s 1st transaction in Delaware.

M&A Deal Summary
Date 2015-02-06
Target Vironex Technical Services
Sector Business Services
Buyer(s) Cascade Drilling
Deal Type Add-on Acquisition

Target

Vironex Technical Services

Wilmington, Delaware, United States
website
Vironex Technical Services LLC is a provider of specialized environmental field services to the environmental consulting community including in-situ remediation services, membrane interface probe (MIP) services and subsurface sample collection services – both nationally and internationally.

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Buyer(S) 1

Buyer

Cascade Drilling

Bothell, Washington, United States

website

Category Company
Founded 1991
Sector Environmental
DESCRIPTION

Cascade Drilling is a provider of environmental and geotechnical services. Cascade’s services include track and truck-mounted sonic, air and mud rotary, auger, wire-line coring, and direct push drilling. Cascade Drilling was founded in 1991 and is based in Bothell, Washington.

DEAL STATS #
Overall 3 of 7
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 6
State (Delaware) 1 of 1
Country (United States) 3 of 7
Year (2015) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-18 ZEBRA Technical Services

Lynbrook, New York, United States

ZEBRA Technical Services LLC is a direct push technology company (DPT) that operates the GeoProbe® 8040DT, 7822DT, 6620DT 54DT and several smaller, portable direct push rigs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 TerraTherm

Gardner, Massachusetts, United States

TerraTherm, Inc. is a provider of energy equipment and services.

Buy -
Mergr

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