Infinity Capital Partners is Proud to Announce the Second Closing in the Sale of Drill Right Technology, Inc.

OKLAHOMA CITY, OK (March 28, 2018) Infinity Capital Partners (“Infinity”), a full-service investment banking firm based in Oklahoma City, acted as exclusive financial advisor to Drill Right Technology, Inc. (“Drill Right”) in the sale of the company’s assets to Integrity Directional Services (“Integrity”) and WCB Pole Road, LLC (“WCB”) for cash and future consideration.

Founded more than 15 years ago, Drill Right is an independent full service directional drilling tools company providing performance motors, MWD equipment, specialty servicing and maintenance. Integrity is expected to move all non-field employees from their Dallas and Midland offices to operate out of Drill Right’s legacy Oklahoma City headquarters.

WCB is a real estate entity owned by an investor group led by Grant Rohlmeier and Josh Richardson. Since the initial closing on Aug. 31, 2017, the former Drill Right location has increased from eight to more than 30 employees and plans to hire more employees from other locations throughout 2018.

Infinity worked closely with Drill Right ownership, advising all phases of the transaction including marketing, due diligence and structuring of the transaction. Estimated total consideration is expected to be approximately $10 million.

“Infinity Capital Partners made the transition of my business much smoother than I could have anticipated,” Drill Right Technology CEO Darrell Husted said. “They helped identify buyers, helped me sift through which offer to take and helped make the whole experience very enjoyable. I couldn’t be happier with their team, their knowledge of my business and the expertise they lent to me during this journey.”


About Infinity Capital Partners

Infinity Capital Partners offers a full-suite of investment banking services for lower middle-market businesses, typically working with companies that have between $2 million to $50 million in EBITDA. Headquartered in Oklahoma City, the company has established a reputation working with businesses and institutional capital providers to expand operations, transition ownership or recapitalize the business. For more information about Infinity Capital Partners please visit InfinityCapPartners.com.