Portfolio Exits
1
Want to inform investors similar to Hughes Drilling about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Hughes Drilling News
Dec 9, 2016
facebook twitter linkedin google+ print Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won’t be getting any cash from the deal. Brisbane-based Hughes Drilling will issue $7 million worth of shares to the JSW shareholders and retain $17.4 million of existing debt, to make up the total acquisition price of $24.4 million. JSW Australia was established in 2010 through a management buy-out from Ausdrill , which had acquired the business as part of its purchase of Brandrill a few months earlier. To read more, please Login or Register below Login
Hughes Drilling Portfolio Exits
1 Portfolio Exit
Hughes Drilling has 1 portfolio exit. Their latest portfolio exit was JSW Australia on December 10, 2016.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/10/2016 | Acq - Fin | 2 |
Date | 12/10/2016 |
|---|---|
Exit | Acq - Fin |
Companies | |
Valuation | |
Acquirer | |
Sources | 2 |
Hughes Drilling Acquisitions
1 Acquisition
Hughes Drilling acquired 1 company. Their latest acquisition was JSW Australia on August 19, 2013.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
8/19/2013 | Acquired | 3 |
Date | 8/19/2013 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 3 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
