Pine Brook-backed Cahill Services buys Drive Rental
Cahill Services LLC, a portfolio company of U.S. private equity firm Pine Brook Partners, has acquired Drive Rental Corp, a Red Deer, Alberta-based specialty flameless heating rental business with operations in Canada and the United States. No financial terms were disclosed. Cahill, a Houston, Texas-based provider of specialty rental services to energy and related industries, said Drive Rental is its first acquisition since its founding last year. The Canadian company will be rebranded as Cahill Heating. Pine Brook made an initial investment in Cahill last July.
6 June 2016•3 mins read
