M&A Deal Summary

Dandelion Acquires Glacier Drilling

On January 18, 2022, Dandelion acquired energy services and equipment company Glacier Drilling

Acquisition Highlights
  • This is Dandelion’s 1st transaction in the Energy Services and Equipment sector.
  • This is Dandelion’s 1st transaction in the United States.
  • This is Dandelion’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2022-01-18
Target Glacier Drilling
Sector Energy Services and Equipment
Buyer(s) Dandelion
Deal Type Add-on Acquisition

Target

Glacier Drilling

Durham, Connecticut, United States
Glacier Drilling provides a full range of environmental and geotechnical drilling solutions. Glacier Drilling is centrally located in Connecticut close to major metropolitan areas, including NYC and Boston. This central location facilitates mobilization throughout the New England region and beyond. Glacier Drilling is based in Durham, Connecticut.

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Buyer(S) 1

Buyer

Dandelion

Peekskill, New York, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Dandelion is a geothermal installation company that mitigates climate change by making renewable technologies more accessible and decarbonizing homes. Dandelion geothermal heat pump system offers wifi-enabled monitoring, creating a smarter, more responsive, and more innovative approach than any other HVAC system on the market. Dandelion is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1