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Bracewell Represents Drilling Tools International in Acquisition of RIK, Incorporated

HOUSTON  Bracewell LLP represented Drilling Tools International, Inc. (DTI), a tool rental company serving the energy industry, in its acquisition of RIK, Incorporated, a downhole drilling tool rental company based in Casper, Wyoming. DTI is majority-owned by Hicks Equity Partners, the private equity arm for Hicks Holdings LLC, a holding company for the Thomas O. Hicks family’s assets.

Bracewell lawyers involved in the transaction included:

Partner: Will Anderson

Senior Counsel: Steven J. Lorch

Associates: Benjamin J. Martin, Tyler C. Lohse, Catherine B. Engell and Jonathan G. Bates