Drilling Tools International’s Acquisition of RIK, Incorporated

Bracewell LLP represented Drilling Tools International, Inc. on the deal

Drilling Tools International, Inc. (DTI), a tool rental company serving the energy industry, executed its acquisition of RIK, Incorporated, a downhole drilling tool rental company based in Casper, Wyoming. DTI is majority-owned by Hicks Equity Partners, the private equity arm for Hicks Holdings LLC, a holding company for the Thomas O. Hicks family’s assets.

Bracewell advised with a team including Will Anderson (Picture), Steven J. Lorch, Benjamin J. Martin, Tyler C. Lohse, Catherine B. Engell and Jonathan G. Bates.

Involved fees earner: William Anderson – Bracewell; Benjamin Martin – Bracewell; Tyler C. Lohse – Bracewell; Steven Lorch – Bracewell; Catherine Engell – Bracewell;

Law Firms: Bracewell;

Clients: Drilling Tools International, Inc.;