Keystone Drill Services
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Keystone Drill Services - overview
Established
1985
Location
-, PA, US
Primary Industry
Logistics & Distribution
About
Keystone Drill Services offers specialized drilling solutions, including drill rigs and compressors, catering to the mining, construction, and oil and gas industries. Their products are engineered for efficiency and operational effectiveness in demanding environments. Keystone Drill Services, founded in 1985 in Somerset, US, provides a range of drilling products and services. The company is led by CEO Scott Slater and has conducted two significant deals to date.
It does not appear to have undergone any major pivots in its strategy or operations since its inception. Keystone Drill Services specializes in a comprehensive range of drilling products, including drill rigs, high-pressure air compressors, downhole drills, and various drill bits. They also manufacture custom products like the Keystone HP Cluster Drill family, serving clients in the mining, construction, and oil and gas sectors. Their offerings are primarily marketed within the United States, with potential expansion into international markets requiring specialized drilling equipment.
Keystone Drill Services generates revenue through direct sales of drilling equipment and service contracts for repairs and rebuilds, primarily on a B2B basis. Their offerings include hourly, daily, weekly, or monthly rental plans for specialized equipment. Additionally, they provide repair services for all drilling equipment brands, tailoring their pricing structure to meet clients' needs. Keystone Drill Services is exploring opportunities to expand its product line, although specific upcoming products have not been detailed.
The company is also targeting international markets for expansion, enhancing its reach outside the United States. Recent funding from Harren Equity Partners will support these initiatives, although specific allocations have not been disclosed.
Primary Industry
Logistics & Distribution
Sub Industries
Industrial Wholesalers
Website
www.keystonedrill.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Keystone Drill Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Keystone Drill Services | - | ||||||||
| Unspecified Exit | Completed | Keystone Drill Services | - |
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Keystone Drill Services - employee data


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