M&A Deal Summary

Cascade Drilling Acquires Sonic Drilling Services

On November 3, 2015, Cascade Drilling acquired energy services and equipment company Sonic Drilling Services

Acquisition Highlights
  • This is Cascade Drilling’s 5th transaction in the Energy Services and Equipment sector.
  • This is Cascade Drilling’s 7th transaction in the United States.
  • This is Cascade Drilling’s 1st transaction in Ohio.

M&A Deal Summary
Date 2015-11-03
Target Sonic Drilling Services
Sector Energy Services and Equipment
Buyer(s) Cascade Drilling
Deal Type Add-on Acquisition

Target

Sonic Drilling Services

Dundee, Ohio, United States
Sonic Drilling Services, Inc. is a provider of drilling services to environmental and engineering consultants, corporations, and state and federal governmental agency.

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Buyer(S) 1

Buyer

Cascade Drilling

Bothell, Washington, United States
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 7 of 7
Sector (Energy Services and Equipment) 5 of 5
Type (Add-on Acquisition) 6 of 6
State (Ohio) 1 of 1
Country (United States) 7 of 7
Year (2015) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Diversified Geophysics

Mineola, New York, United States

Diversified Geophysics, Inc. is a provider of underground utility locating services to environmental and geotechnical engineers, construction project managers and geologists.

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