Follow-On Acquisition Made By Sunland Capital LLC’s First Acquisition
HOUSTON, Texas (August 24, 2010) — Steve Kesten, Shareholder, Gus Bourgeois, Sr. Associate, and Forrest Gordon, Associate, in BoyarMiller’s Business Group represented Sunland Capital LLC, a private equity firm located in Houston, in a follow-on acquisition by Pete Martin Drilling, Inc. of additional drilling rigs and equipment from Acme Rathole Drilling, Inc., a Colorado corporation.
Pete Martin Drilling, Inc., was Sunland’s first portfolio company acquisition. Pete Martin is a specialty drilling company principally located in Utah and having offices in Colorado and Wyoming that specializes in setting pipe and cementing services for conductors, ratholes, mouseholes and cellars.