Announced
Completed
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United States
Construction Services
Acquisition
Private
Private Equity
Domestic
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Completed
Single Bidder
Friendly
contract drilling
Synopsis
Kalbot, a private investment firm, completed the acquisition of Authentic Drilling, a multi-regional provider of difficult access geotechnical, environmental, exploration and water well drilling services. Financial terms were not disclosed. "The addition of Authentic to the SDHC platform will expand our service offering and geographic reach. The diverse and unique technical capabilities that Authentic brings will enable the platform to accelerate its growth as a provider of choice to customers across various drilling applications, end markets and geographies," Lanre Osinusi, Kalbot President.
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