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New Deal


Announced

Completed

SCF Partners completed the investment in ProDirectional.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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drilling services

Private Equity

Private

United States

Acquisition

Completed

Single Bidder

Offshore Drilling and Other Services

Majority

Friendly

Synopsis

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SCF Partners completed the investment in Professional Directional Enterprises, an independent directional drilling services company. Financial terms were not disclosed. "Karen has built a terrific company and team at ProDirectional, and we are excited to partner with her to take it to the next level. We look forward to developing a drilling technologies platform that enables customers to drill longer, better wells at lower costs," David Baldwin, SCF Co-President.

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