Sure Shot Holdings, LLC. today made an important announcement with effect to its decision to take over four utility service companies, all of which are based out of Colorado. The acquired companies include DrillTech Directional Services, Pinnacle Development, BAS Rentals, and A to Z Cable Construction.
Sure Shot Holdings is the parent firm of Sure Shot Drilling, an industry leader in the instalment and replacement of pipes or cables. Affirming the news of the acquisition, the company’s CEO Rick Barrett said, “The combination of these businesses supports our strategy of increasing value by providing integrated services to our customers. The merged operations will result in better coordinated, executed, and lower cost services.”
Meanwhile, DrillTech Directional Services’ founders Leighton and Cliff Cartwright are expected to continue in their role of supervising the business operations, following the takeover. The company too is a market leader in the field of horizontal directional drilling services. It would now be known as DrillTech, LLC, following the acquisition.
Leighton Cartwright, expressing delight over the news told PR Newswire that the company is really “excited to be a part of this new organisation” and that they look at the acquisition as an opportunity to take DrillTech to the next level “while maintaining our family-oriented culture and legacy.”
Pinnacle Development too shared the same sentiment with its founder Rick Allison looking at the merger as a chance to “keep up with the growing demand of our customers”. Allison will continue to serve as President of the successor company, PDI, LLC. The company is also a renowned directional drilling firm currently operating in the telecommunications and municipal markets.
BAS Rentals, which works in the domain of traffic control design and maintenance, would be merging with the fourth acquired firm, A to Z Cable Construction, which deals in providing infrastructure support services. The merged firm would be known as A to Z Field Services and would be headed by Leonard Sanderson, a manager in the business for long.