Announced
Completed
Financials
Tags
drilling services
Private Equity
Private
United States
Acquisition
Completed
Single Bidder
Offshore Drilling and Other Services
Majority
Friendly
Synopsis
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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