Easternwell Overview

  • Year Founded
  • 1976

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,000

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 5

Easternwell General Information

Description

Provider of drilling, well servicing and remote mobile camp management services to the oil & gas and infrastructure sectors in Australia. The company offers well servicing and maintenance activities, coal seam gas drilling, production-related iron ore mine dewatering, backfill drilling, near-shore geotechnical drilling and dam remediation services.

Contact Information

Website
www.easternwell.com.au
Formerly Known As
Easternwell Group, Australian Drilling Solutions
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 10 Russell Street
  • Toowoomba, Queensland 4350
  • Australia
Primary Industry
Other Energy Services
Acquirer
Broadspectrum
Vertical(s)
Infrastructure, Oil & Gas, Industrials
Corporate Office
  • 10 Russell Street
  • Toowoomba, Queensland 4350
  • Australia

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Easternwell Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Easternwell Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Easternwell Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Easternwell Investments (5)

Easternwell’s most recent deal was a Buyout/LBO with Peak Drilling Services for . The deal was made on 01-Dec-2008.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Peak Drilling Services 01-Dec-2008 Buyout/LBO Construction and Engineering
Colby Drilling 01-Nov-2008 Buyout/LBO Construction and Engineering
Sides Drilling Contractors 02-Jun-2008 Buyout/LBO Construction and Engineering
Gorey & Cole Drillers 30-May-2008 Buyout/LBO Construction and Engineering
Nudrill 30-May-2008 Buyout/LBO Construction and Engineering
To view Easternwell’s complete investments history, request access »

Easternwell FAQs

  • When was Easternwell founded?

    Easternwell was founded in 1976.

  • Where is Easternwell headquartered?

    Easternwell is headquartered in Toowoomba, Australia.

  • What is the size of Easternwell?

    Easternwell has 1,000 total employees.

  • What industry is Easternwell in?

    Easternwell’s primary industry is Other Energy Services.

  • Is Easternwell a private or public company?

    Easternwell is a Private company.

  • What is the current valuation of Easternwell?

    The current valuation of Easternwell is .

  • What is Easternwell’s current revenue?

    The current revenue for Easternwell is .

  • Who are Easternwell’s investors?

    Ironbridge Capital has invested in Easternwell.

  • When was Easternwell acquired?

    Easternwell was acquired on 13-Dec-2010.

  • Who acquired Easternwell?

    Easternwell was acquired by Broadspectrum.

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