Prime Horizontal leadership completes buyout of HDD guidance specialist
(UI) - Prime Horizontal has completed a management buyout, with senior leaders assuming ownership of the global horizontal directional drilling (HDD) guidance services provider.
The transaction places longtime company leaders in key ownership roles, positioning the firm to expand its international operations across utility and pipeline drilling projects. Prime Horizontal provides HDD guidance services along with sales and rental of downhole tools, supporting trenchless infrastructure projects worldwide.
Company leadership said the buyout marks both continuity and a strategic step forward. “This management buyout is both a continuation and evolution,” said CEO Simon Kench, noting the company’s focus on maintaining high-quality service while strengthening global client relationships.
New leadership also emphasized growth and operational expansion as priorities. “This positions us to expand our international presence and ensure long-term stability,” said CFO Nico Dekker.
The company will continue to focus on scaling its global footprint and enhancing service delivery across key infrastructure markets.
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