M&A Deal Summary

CST Utilities Acquires Daystar Directional Drilling

On July 15, 2025, CST Utilities acquired business services company Daystar Directional Drilling

Acquisition Highlights
  • This is CST Utilities’ 1st transaction in the Business Services sector.
  • This is CST Utilities’ 2nd transaction in the United States.
  • This is CST Utilities’ 1st transaction in Indiana.

M&A Deal Summary

Date 2025-07-15
Target Daystar Directional Drilling
Sector Business Services
Buyer(s) CST Utilities
Deal Type Add-on Acquisition

Target

Daystar Directional Drilling

Noblesville, Indiana, United States
Daystar Directional Drilling is a provider of essential infrastructure utility drilling services. Daystar Directional Drilling was founded in 2002 and is based in Noblesville, Indiana.

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Buyer(S) 1

Buyer

CST Utilities

Grove city, Ohio, United States

Category Company
Founded 1969
Sector Utilities
DESCRIPTION

CST Utilities is a turnkey infrastructure service company providing a range of complementary underground services including excavation, boring, drain cleaning, and other pumping services to public utilities, telecom providers, and other businesses. CST Utilities was founded in 1969 and is based in Grove city, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Precise Boring of Ohio

Lancaster, Ohio, United States

Precise Boring of Ohio provides essential utility services including electricity, water, and natural gas across the state of Ohio. Precise Boring of Ohio is based in Lancaster, Ohio.

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