DRILLTOOLS

Name

DRILLTOOLS

Legal name

DRILLTOOLS, LLC

Website

https://drilltoolsinc.com

Company type

Private

Founded year

2010

Operating status

Acquired

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Foundation Drilling Equipment Manufacturing

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Construction Machinery Manufacturing (33312)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction Machinery & Equip (3531)

akta.pro primary industry

Drill Tools, Bits & Downhole Equipment (IMAHAMAB)

akta.pro secondary industries

Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH), Drilling & Rock Excavation Equipment (Rotary/Top-Hammer, Jumbos, Raiseborers) (IMAKANAC)

Keywords

• Rotary drilling tools
• Foundation drilling equipment
• Auger systems
• Excavation products
• Drilling consumables

Headquarters

HQ city

Kilgore

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Drilling Products Sales: Sale of drilling and excavation products including auger systems, drill bits, material removal tools, rock boring tools, conveying tools, formed steel plates, replaceable wear products, and consumables. Revenue generated from direct product sales to contractors with customizable products for specific use cases.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

DRILLTOOLS is a domestic manufacturer of rotary drilling tools and excavation products, designing and producing an extensive in-house line that includes auger systems, drill bits, material removal tools, rock boring tools, conveying tools, formed steel plates, replaceable wear products, and consumables for the drilled shaft and foundation construction industries. The company also provides custom manufacturing services — computer-controlled plasma cutting, helical metal forming, specialty/hard metal welding, precision machining, and job-specific drill string consulting — supporting infrastructure, utility, and commercial contractors across North America.

Product overview

DRILLTOOLS is a domestic manufacturer of rotary drilling tools and excavation products, founded in 2010 and headquartered in Kilgore, TX. The company offers an extensive line of drilling products including auger systems, drill bits, material removal tools, rock boring tools, conveying tools, formed steel plates, replaceable wear products, and consumables. Product categories include: Augers, Buckets, Cleaners & Centralizers, Coring Tools, Kelly Drive Boxes, Parallel Rock Socket Reamers, Rock Milling Tools, and Under Reaming Belling Tools. The portfolio is supported by manufacturing services including plasma cutting, helical metal forming, specialty welding, precision machining, and custom design consulting. The company serves the drilled shaft industry for foundation construction supporting caissons, auger cast, micro pile, and earth retention systems, as well as power grid structures, bridges, and marine projects. In September 2024, DRILLTOOLS was acquired by OCI, LLC and continues to operate from its Texas headquarters.

Differentiator

Problem solved

Functional benefit

Products and services

• Auger Systems / Augers Customizable auger systems for rotary drilling applications, designed for drilled shaft industry uses including caissons, auger cast, and earth retention systems.
• Drill Bits
• Buckets
• Material Removal Tools
• Rock Boring Tools
• Conveying Tools
• Formed Steel Plates
• Replaceable Wear Products
• Drilling Consumables
• Cleaners & Centralizers
• Coring Tools
• Kelly Drive Boxes
• Parallel Rock Socket Reamers
• Rock Milling Tools
• Under Reaming Belling Tools
• Plasma Cutting Services
• Helical Metal Forming
• Specialty Welding & Hard Metal Welding
• Large Assembly & Fabrication
• Precision Machining
• Plate Steel Parts Production
• Job Specific Drill String & Tool Consulting
• Skilled Drilling Product Design and Development

Quantifiable outcome

• Best-in-class business with differentiated suite of customizable, mission critical products
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Apex Geotech SolutionscoreStrategic or Co-development PartnerApex Geotech Solutions unites OCI, GMS, and DrillTools into one source for deep foundation drilling solutions, combining knowledge, manufacturing strength, and high-performance tooling to serve the entire foundation industry.

Scale indicators3 records

Recent moves4 records

Direct peers

• OCI, LLC: Parent company of DRILLTOOLS following the September 2024 acquisition; manufactures custom-built foundation drilling components (heads, bits, buckets, augers) from Brookville, PA. Direct overlap in product categories and end markets (drilled-shaft foundation contractors).
• Drill King International: Texas-based manufacturer of foundation drilling tools and consumables including augers, drill buckets, casing, and wear products for the drilled shaft industry. Highly overlapping product offering and customer base in foundation drilling.
• TEI Rock Drills: Manufacturer of rotary and percussion drilling tools, drifters, and foundation drilling components sold to contractors in construction, foundation, and mining end markets. Direct product overlap in drilling tooling and accessories.
• CZM USA: US-based foundation equipment manufacturer offering custom drilling tools, CFA/auger systems, and rigs for deep foundation and drilled-shaft contractors. Direct product and end-market overlap with DRILLTOOLS.
• Watson Drill Rigs & Tools: Manufacturer of drill rigs and foundation drilling tooling used by caisson, pile, and shaft contractors in North America. Overlaps with DRILLTOOLS in augers, drill buckets, and wear products for the drilled-shaft market.

Broad incumbents

• Bauer Maschinen GmbH: Global leader in foundation equipment manufacturing (rotary drilling rigs, Kelly bars, casing oscillators, tools) serving deep foundation contractors worldwide. Larger incumbent in the same end market with broader portfolio including the rigs that consume DRILLTOOLS-style tooling.
• Liebherr: Global manufacturer of construction and foundation equipment including rotary drilling rigs, cranes, and tooling. Competes broadly with DRILLTOOLS via turnkey rig-plus-tool packages to large foundation contractors.
• Soilmec: Italian-headquartered manufacturer of foundation drilling rigs, augers, casing, and accessories serving the global deep foundation market. Overlaps with DRILLTOOLS at the foundation drilling tooling level and is a broader equipment line provider.
• Epiroc: Global mining and infrastructure equipment manufacturer with rock drilling tools, down-the-hole hammers, and rotary heads used in foundation construction and mining. Overlaps in drilling tool technology but serves broader end markets.

Regional players

• ABI Group (ABI Equipment): European manufacturer of foundation drilling rigs and tools (augers, buckets, casings) with primary market in Europe. Comparable in product category, but geographically concentrated outside DRILLTOOLS' North American footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DRILLTOOLS