Sunland Capital LLC Closes On First Acquisition

HOUSTON, Texas (April 11, 2010) — BoyarMiller represented Sunland Capital LLC, a new private equity firm located in Houston, in the acquisition of substantially all assets of Pete Martin Drilling, Inc. Steve Kesten, Shareholder, Gus Bourgeois, Sr. Associate, and Forrest Gordon, Associate, in BoyarMiller’s Business Group handled the transaction.

Pete Martin Drilling 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. The acquisition included the purchase of the operating assets of Pete Martin Drilling, real estate located in Utah and the helicopter of one of Pete Martin’s affiliates used to transport workers to remote drilling sites.

This was Sunland’s first of many anticipated acquisitions.

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BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses and entrepreneurs in need of collaborative and strategic representation. See www.boyarmiller.com for more information.