M&A Deal Summary

Crestone Services Group Acquires HDD Specialists

On January 22, 2020, Crestone Services Group acquired energy services and equipment company HDD Specialists

Acquisition Highlights
  • This is Crestone Services Group’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Crestone Services Group’s 2nd transaction in the United States.
  • This is Crestone Services Group’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2020-01-22
Target HDD Specialists
Sector Energy Services and Equipment
Buyer(s) Crestone Services Group
Deal Type Add-on Acquisition

Target

HDD Specialists

Loveland, Colorado, United States
HDD Specialists LLC is a horizontal directional drilling company specializing in the installation of underground pipelines for the natural gas and oil industry.

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Buyer(S) 1

Buyer

Crestone Services Group

Denver, Colorado, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Crestone Services Group LLC is a regional provider of specialty infrastructure solutions to utility and communications owners. The company's skilled workforce performs the safe, efficient and high-quality installation of electric, gas and communications infrastructure.


DEAL STATS #
Overall 2 of 9
Sector (Energy Services and Equipment) 2 of 3
Type (Add-on Acquisition) 2 of 9
State (Colorado) 2 of 4
Country (United States) 2 of 9
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-20 Underground Specialties

Lakewood, Colorado, United States

Underground Specialties, Inc. is a drilling company specialized in putting conduits below ground, locating existing utilities, and potholing to expose existing utilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-29 RECC Wireless

Longmont, Colorado, United States

Rilo Electric & Communications Construction LLC is a builder of wireless networks specializing in turnkey tower construction and maintenance. Rilo Electric & Communications Construction was founded in 2000 and is based in Longmont, Colorado.

Buy -