September 2019 Vol. 74 No. 9
Business News
Sure Shot Holdings Acquires Four Utility Service Companies
Sure Shot Holdings LLC, parent company of Sure Shot Drilling, acquired four Colorado-based utility service companies: DrillTech Directional Services, Pinnacle Development, BAS Rentals, and A to Z Cable Construction.
DrillTech Directional Services Inc., now known as DrillTech LLC, is a market-leading horizontal directional drilling (HDD) company. It was founded by Leighton and Cliff Cartwright, both of whom will continue to oversee the business as part of the acquisition.
Pinnacle Development Inc. is another leading directional drilling company serving the telecommunications and municipal markets. Its founder, Rick Allison, will remain as president of the successor company, Pinnacle Development LLC.
BAS Rentals Inc., a traffic control design and maintenance company, is merging with A to Z Cable Construction, an infrastructure support services firm, to form A to Z Field Services. The combined company will be led by Leonard Sanderson, a long-term manager involved with the business.
Sure Shot Holdings was formed in 2015 to develop a leading underground utility services company pursuing strategic acquisitions in the telecommunications, power, and gas distribution markets. To date, the Denver, Colo., company has completed five acquisitions of businesses supporting major telecommunications carriers, large public EPC companies, and is one of the nation’s largest utility owners. •
FOR MORE INFORMATION
Sure Shot Holdings LLC (720) 799-9039, sshotdrilling.com
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