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Drilling Tools International

Drilling Tools International
1984 FOUNDED
PRIVATE STATUS
201-300 EMPLOYEES
Debt LATEST DEAL TYPE
2 FINANCING ROUNDS
4 INVESTMENTS
Description

Provider of downhole drilling tools to the international land and offshore markets. The company fleet comprises of a complete line of non-magnetic and steel drill collars, pony collars, stabilizers, sub-assemblies, reamers, shock tools, and drilling accessories.

Formerly Known As
Directional Rentals
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Oil and Gas Equipment
Primary Office
  • 3701 Briarpark Drive
  • Suite 150
  • Houston, TX 77042
  • United States

+1 (832) 000-0000

Drilling Tools International Valuation and Funding

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

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Drilling Tools International Investments (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 15-Jul-2019 0000000000 Other Hardware 00000 0000000
000 08-Nov-2018 0000000000 Other Commercial Services 00000 0000000
0000000 000000 000 26-Apr-2018 0000000000 Oil and Gas Equipment 00000 0000000
Reamco 10-Mar-2014 Buyout/LBO Oil and Gas Equipment 00000 0000000
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Drilling Tools International Subsidiaries (3)

Company Name Industry Location Founded
Wellfence Other Hardware Houston, TX 2016
000 Other Commercial Services Casper, WY 0000
000000 Oil and Gas Equipment Broussard, LA 0000
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Drilling Tools International Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Drilling Tools International Executive Team (6)

Name Title Board
Seat
Contact
Info
Wayne Prejean Chief Executive Officer and President
David Johnson Chief Financial Officer
Ronnie Russo Founder
Ashley Lane Vice President, Marketing & International Business Development

2 Former Executives

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Drilling Tools International Board Members (2)

Name Representing Role Since Contact
Info
000000 00000 00. Hicks Equity Partners Board Member 000 0000
0000000 0000000 Drilling Tools International Board Member 000 0000