M&A Deal Summary

Banyan Investment Partners Acquires Sure Shot Drilling

On February 2, 2015, mezzanine finance firm Banyan Investment Partners acquired energy services and equipment company Sure Shot Drilling

Acquisition Highlights
  • This is Banyan Investment Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Banyan Investment Partners’ 71st transaction in the United States.
  • This is Banyan Investment Partners’ 2nd transaction in Colorado.

M&A Deal Summary
Date 2015-02-02
Target Sure Shot Drilling
Sector Energy Services and Equipment
Buyer(s) Banyan Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Sure Shot Drilling

Denver, Colorado, United States
Sure Shot Drilling provides a full range of innovative and cost-effective HDD services in addition to performing potholing and pipe fusing. Sure Shot Drilling is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Banyan Investment Partners

Miami, Florida, United States

Investor

Category Mezzanine Finance Firm
Founded 2002
PE ASSETS 550M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Banyan is a specialty finance firm that provides mezzanine capital to smaller middle-market companies headquartered primarily in the Southeast US. Banyan looks to invest $5 to $25 million of junior capital in profitable companies. The Firm does not have any industry preferences, however, Banyan will not invest in real estate development, oil and gas exploration, direct lenders, start-ups or turn-around situations. Banyan Mezzanine was formed in 2002 and is based in Miami, Florida.

DEAL STATS #
Overall 71 of 73
Sector (Energy Services and Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 27 of 28
State (Colorado) 2 of 2
Country (United States) 71 of 73
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Decton Staffing Services

Irvine, California, United States

Decton Staffing Services is a provider of temporary employment services to hospitals, industrial, and construction companies in California. Decton Staffing Services' goal is to provide the most talented, motivated candidates to meet your staffing needs. Decton Staffing Services was founded in 2002 and is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 Rio Ranch Markets

Fontana, California, United States

Rio Ranch Markets is an operator of a Hispanic supermarket chain. Rio primarily serves the Hispanic community by replicating the open-air atmosphere of a traditional Latin American marketplace, providing freshly prepared foods, bakery, tortilleria and basic everyday grocery, meat, produce, household needs. Rio Ranch Markets was founded in 1983 and is based in Fontana, California.

Buy -
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