1. Home >
  2. Companies >
  3. Manufacturing >
  4. United States >
  5. Texas >
  6. Drilling Tools

Drilling Tools - M&A Summary and Business Overview

ManufacturingCompany

Drilling Tools M&A Summary

Drilling Tools has acquired 8 companies, including 5 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 is Drilling Tools’ revenue?

Drilling Tools disclosed revenue of 154M USD for 2024 and 152M USD for 2023.

How many employees does Drilling Tools have?

Drilling Tools has 447 employees.

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 ≤ '20 '21 '22 '23 '24 '25 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

Revenue

154   2% 2024
152   17% 2023
130   69% 2022
77   2021
(millions of USD) Show More Show Less

Employees

447

Established

1984

Public

NASDAQ: DTI

Former Name

Directional Rentals, Inc.

 Subscribe to unlock this and 214,646
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
Get Full Access

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

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
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for Drilling Tools

Manufacturing 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
Mergr

Solution for

Product

Company

Legal