Drilling Tools - M&A Summary and Business Overview

ManufacturingCompany

Drilling Tools M&A Summary

Drilling Tools has acquired 8 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Drilling Tools’ largest acquisition to date was in 2024, when it acquired Superior Drilling Products for $32M. Drilling Tools has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (29%) and manufacturing (29%).

Drilling Tools Business Overview

Where is Drilling Tools headquartered?

Drilling Tools is headquartered in Houston, Texas.

What sector is Drilling Tools in?

Drilling Tools is a manufacturing company.

When was Drilling Tools founded?

Drilling Tools was founded in 1984.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 3
  • M&A Advisors 2

Drilling Tools

Drilling Tools International, Inc.

3701 Briarpark Drive, Suite 150,
Houston, Texas 77042
United States,
(832) 742-8500
www.drillingtools.com

Drilling Tools is a provider of rents tools to major oilfield services companies, directional drilling companies, and exploration and production companies for bottom hole assemblies and tubular goods used in onshore and offshore horizontal and directional drilling. Drilling Tools was founded in 1984 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 3 - - - - 4 7
vol $32M $32M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Titan Tools Services Ltd. 2024-10-29 - Add-on Acquisition
Aberdeen, United Kingdom · www.titantools-aberdeen.co.uk
ED Projects BV 2024-10-03 - Add-on Acquisition
Amsterdam, Netherlands · www.ed-projects.com
Deep Casing Tools Ltd. 2024-03-18 - Add-on Acquisition
Westhill, United Kingdom · www.deepcasingtools.com
Superior Drilling Products, Inc. 2024-03-07 32M USD Add-on Acquisition
Vernal, Utah · www.sdpi.com
WellFence LLC 2019-07-15 - Add-on Acquisition
Houston, Texas · www.wellfence.com
RIK, Inc. 2018-11-08 - Add-on Acquisition
Casper, Wyoming · www.rik-inc.com
Premium Oilfield Services LLC - Premium Rental Tools 2018-04-26 - Divestiture
Houston, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (29%) 32M (100%) - -
Manufacturing 2 (29%) - - -
Information Technology 1 (14%) - - -
Machinery 1 (14%) - - -
Oil/Gas Exploration 1 (14%) - - -
Total 7 $32M - -

By Geo

State/Country Buy Value Sell Value
United States 4 32M - -
  Texas 2 - - -
  Utah 1 32M - -
  Wyoming 1 - - -
United Kingdom 2 - - -
Netherlands 1 - - -
Domestic 4 (57%) 32M (100%) - -
Cross-border 3 (43%) - - -
Total 7 $32M - -

Top M&A Advisors

Legal Deals
Winston & Strawn
 1
Bracewell
 1

Deal Values

buy # Total
< $100M 1 $32M
TOTAL $32M
Largest Superior Drilling Products, Inc.
$32M (2024-03-07)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)
Strategic(s)
14%
1 (14%)

Company Summary

SECTOR

Manufacturing

Established

1984

Public

NASDAQ: DTI

Former Name

Directional Rentals, Inc.

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Drilling Tools

Texas Companies , Manufacturing Companies , United States Companies , Texas Manufacturing Companies , Texas Manufacturing with Acquisitions , Texas Manufacturing with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas Companies

Related Lists for Manufacturing Companies

Largest Manufacturing Companies , Acquisitive Manufacturing Companies , Recently Acquired Manufacturing Companies , Recently Sold Manufacturing Companies , Private Manufacturing Companies , Public Manufacturing Companies , Acquired Manufacturing Companies , PE Backed Manufacturing Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal