Hancock Park Associates has sold Drilltec to private equity investors Lubar & Co. and Pouschine Cook Capital Management. Drilltec makes protection products—including tubular thread protectors, pipe packaging and lifting systems—for the oil country tubular goods market. Hancock Park acquired Drilltec in May 2007. The Plastics and Packaging Group at P&M Corporate Finance served as exclusive financial advisor to Hancock Park and Drilltec.
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