Public Company Manufacturing

Drilling Tools International

Houston, Texas, United States

Strength. Innovation. Performance: a leading provider of downhole tools to the land and offshore drilling markets, including a complete line of non-magnetic and steel drill collars, pony collars, stabilizers, sub-assemblies, reamers, shock tools and drilling accessories, plus the Drill-N-Ream patented well bore conditioning system.

Focus Areas
Downhole drilling tools, PDC drill bit manufacturing, Well-bore conditioning tools

Tracked deals

3

3 tracked deals across 2024-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

3 buyout

Drilling Tools International Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Drilling Tools International. 2 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Drilling Tools International to Acquire Saltire Energy and Foxley Energy for $80M Cash Plus 17.4M Shares
    October 9, 2026
    Buyer
    Drilling Tools International
    Target
    Saltire Energy Limited, Foxley Energy Limited
    Seller
    The Loggie family, other sellers
    Industry
    Industrial Services
    Location
    United Kingdom
    Type
    Buyout

    Drilling Tools International (DTI) entered into a definitive agreement to acquire Saltire Energy Limited and Foxley Energy Limited. The consideration is approximately $80 million in cash and 17.4 million shares of DTI common stock, with customary adjustments, and the deal is expected to close in the first quarter of 2027.

  • Drilling Tools International Acquires Deep Casing Tools
    March 18, 2024
    Buyer
    Drilling Tools International Corp.
    Target
    Deep Casing Tools
    Seller
    Energy Ventures III LP
    Industry
    Oil & Gas
    Location
    Aberdeenshire, United Kingdom
    Type
    Buyout

    Drilling Tools International Corp. (DTI) has completed the acquisition of UK-based Deep Casing Tools (DCT), a developer and manufacturer of patented downhole drilling and casing-running technologies. Financial terms were not disclosed; Energy Ventures III LP, the largest shareholder in DCT, will exit on closing. The deal expands DTI's product capabilities and international footprint, with particular emphasis on the Middle East.

  • Drilling Tools International Acquires Superior Drilling Products
    March 7, 2024
    Buyer
    Drilling Tools International Corp.
    Target
    Superior Drilling Products, Inc.
    Industry
    Manufacturing
    Location
    United States
    Type
    Buyout

    Drilling Tools International Corp. (DTI) agreed to acquire Superior Drilling Products, Inc. (SDP/SDPI) for approximately $32.2 million in cash and DTI stock, a deal approved by both companies' boards and expected to close in Q3 2024. The transaction brings SDP's Drill‑N‑Ream technology, PDC bit manufacturing and engineering capabilities into DTI to expand product offerings, capture manufacturing and distribution synergies, and support expansion—particularly in the Middle East.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 1 tracked deal by Drilling Tools International. Manufacturing Buyers & Acquisitions 1 tracked deal by Drilling Tools International. Oil & Gas Buyers & Acquisitions 1 tracked deal by Drilling Tools International.

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