M&A Deal Summary

Cascade Drilling Acquires TerraTherm

On August 25, 2015, Cascade Drilling acquired energy services and equipment company TerraTherm

Acquisition Highlights
  • This is Cascade Drilling’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Cascade Drilling’s 4th transaction in the United States.
  • This is Cascade Drilling’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2015-08-25
Target TerraTherm
Sector Energy Services and Equipment
Buyer(s) Cascade Drilling
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey (Financial)
Burns & Levinson (Legal)

Target

TerraTherm

Gardner, Massachusetts, United States
TerraTherm, Inc. is a provider of energy equipment and services.

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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 4 of 7
Sector (Energy Services and Equipment) 2 of 5
Type (Add-on Acquisition) 3 of 6
State (Massachusetts) 1 of 1
Country (United States) 4 of 7
Year (2015) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-06 Vironex Technical Services

Wilmington, Delaware, United States

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.

Buy -
FOLLOWING 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.

Buy -