Laney Directional Drilling
Independent sponsor in need of a flexible capital partner to provide junior debt and equity in support of an acquisition with a tight commitment timeframe
Laney is the largest independent Horizontal Directional Drilling (“HDD”) company in the world. Founded in 1989, Laney is the only HDD Company in North America providing integrated engineering, design and construction services. Laney addresses the most complex crossing needs of customers in the global energy, telecommunications and infrastructure markets by focusing on the installation of pipelines under roads, rivers, and other environmentally sensitive areas.
Falcon partnered with Maxim Partners to support the acquisition of Laney. Falcon provided a flexible capital structure that will allow the existing management team to accelerate the Company’s growth and bring increased value to customers.