M&A Deal Summary

Specialty Drilling Acquires Authentic Drilling

On August 31, 2023, Specialty Drilling acquired energy services and equipment company Authentic Drilling

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

M&A Deal Summary

Date 2023-08-31
Target Authentic Drilling
Sector Energy Services and Equipment
Buyer(s) Specialty Drilling
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Authentic Drilling

Kiowa, Colorado, United States
Authentic Drilling is a provider of difficult-access geotechnical, environmental, exploration, and water well drilling services. Authentic serves diverse end markets spanning water, renewable energy, mining exploration, as well as land, water, and over-water infrastructure. Authentic Drilling is based in Kiowa, Colorado.

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Buyer(S) 1

Buyer

Specialty Drilling

United States

Category Company
Sector Business Services
DESCRIPTION

Specialty Drilling is a platform company to invests in Western U.S.-based companies that offer highly specialized drilling and related services.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1