Add-on Acquisition • Energy Services and Equipment

Cascade Drilling Acquires ZEBRA Technical Services

On August 18, 2014, Cascade Drilling acquired energy services and equipment company ZEBRA Technical Services

Acquisition Context
  • This is Cascade Drilling’s 1st transaction in the Energy Services and Equipment sector.
  • This is Cascade Drilling’s 2nd transaction in the United States.
  • This is Cascade Drilling’s 1st transaction in New York.

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M&A Deal Summary

Date August 18, 2014
Target ZEBRA Technical Services
Sector Energy Services and Equipment
Buyer(s) Cascade Drilling
Deal Type Add-on Acquisition

Target Company

ZEBRA Technical Services

Lynbrook, New York, United States
ZEBRA Technical Services LLC is a direct push technology company (DPT) that operates the GeoProbe® 8040DT, 7822DT, 6620DT 54DT and several smaller, portable direct push rigs.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 7
Sector: Energy Services and Equipment 1 of 5
Type: Add-on Acquisition 1 of 6
State: New York 1 of 3
Country: United States 2 of 7
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-15 Environmental and Infrastructure drilling/ Boart Longyear

United States

Environmental and Infrastructure drilling services operations business of Boart Longyear Ltd.

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FOLLOWING 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.

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