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