Houston-based Tally Energy Services launched earlier this year with a “buy and build strategy” to acquire U.S. companies that offer technical oil field products and services.
It’s specifically focused on directional drilling, completion equipment and artificial lift and is looking for companies with opportunities for growth, consolidation and differentiation, according to a Sept. 26 press release.
So far, the company has made two acquisitions: Houston-based Terra Directional Services, a full-service directional drilling company specializing in horizontal wells for shale projects throughout the U.S., and Conroe-based Tech-Flo Consulting, a worldwide supplier of hydraulic lift systems that made the Houston Business Journal’s Fast 100 List in 2014 and the Inc. 5000 list in 2013.
