RLMcCall Capital Partners, LLC, a private equity firm based in New Orleans, and Dos Rios Partners LP, a private equity firm headquartered in Austin, Texas, have acquired Case Drilling & Pump Service LLC.
The company provides fresh-water well drilling and maintenance services to contract drilling firms, exploration and production companies, agri-businesses, residential consumers and municipalities across west Texas.
Terms of the deal were not disclosed.
Case Drilling has a 75-year operating history in west Texas and strong relationships with a diverse customer base in the Permian Basin, according to RLMcCall. The company is well- positioned to benefit from the region’s continued projected growth.
RLMcCall sponsors or co-sponsors transactions involving businesses/platforms with enterprise values from $10 million to $60 million.