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Steffl Drilling & Pump

Full company profile

uuid003ffqs

Namestring
Steffl Drilling & Pump
Legal namestring
Steffl Drilling & Pump
Company typeenum
Private
Founded yearint
1978
Descriptiontext

Steffl Drilling & Pump is a privately-held water well drilling and pump services contractor headquartered in Willmar, Minnesota, founded in 1978 by Mike Steffl and his wife Roxy. The company provides full-lifecycle water well services — including new well drilling, pump installation, emergency repair, preventive maintenance, well abandonment, and specialized drilling applications such as geothermal heat loops, cathodic protection for pipelines, hard rock drilling, fire protection wells, and high-capacity irrigation and municipal wells. It is licensed as a well drilling contractor in five Midwestern states — Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin — and serves residential homeowners, agricultural operations (livestock and crop), municipal and industrial customers, energy and utilities pipeline operators, and commercial construction firms.

The company's service delivery is built around a fleet of specialized drilling equipment, including Atlas Copco T2WIII, Mayhew 1400W, and Midway 13M drill rigs, complemented by rig tenders with cranes (2,300–3,000 gallon capacity), air compressors (175–350 CFM), mud pumps, and a network of service trucks. Operational credentials include IGSHPA accreditation for geothermal drilling, OSHA and HAZMAT certification for cathodic protection work, and active memberships in the American Groundwater Trust, National Groundwater Association, and Water Systems Council. The team is led by founder Mike Steffl (45+ years of experience) and includes tenured drillers and service technicians with 20–25+ years of company tenure, supporting specialized capabilities such as hard rock air drilling through granite and high-capacity municipal well construction.

Revenue is generated primarily through one-time project fees for drilling and pump installation, time-and-materials or service fees for emergency repair work, and a recurring preventive maintenance subscription ("Hassle-Free Maintenance Program") that generates 5-year inspection cycles with annual water quality testing. Go-to-market is direct field sales, with customers reaching the company via a 24/7 emergency phone line (800-288-9355) or website forms. The customer base spans a mix of long-tail residential and SMB jobs and named enterprise accounts across agriculture (Christensen Farms, Wakefield Pork, Riverview, Schwartz Farms), food processing and ethanol (Cargill, PM Beef, Corn Plus), and energy pipelines (Enbridge, Great Lakes Gas Transmission). In May 2026, O2 Investment Partners acquired a controlling stake in partnership with the founding Steffl family, with CEO Sam Steffl continuing to lead the business as the platform for a planned nationwide water well services roll-up.

Short descriptiontext

Steffl Drilling & Pump is a Midwest-based water well drilling and pump services company founded in 1978, providing drilling, repair, and maintenance to residential, agricultural, municipal, industrial, and energy customers across five states.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersWillmar, United States
HQ citystring
Willmar
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
water well drilling, pump installation services, well repair services, irrigation well drilling, geothermal well drilling
Industry3 codes
1Pump, Well & Booster System Service for Irrigation
CodeHSAIAEAIPrimaryYes
2Pump Systems & Pumping Stations (Surface, Submersible, Booster)
CodeAFAAACACPrimaryNo
3Well Construction & Completion Services (Cementing, Casing, Tubular Running)
CodeEUALABACPrimaryNo
NAICS code1 code
  • Water and Sewer Line and Related Structures Construction23711
SIC code2 codes
  • Pumps & Pumping Equipment3561
  • Water, Sewer, Pipeline, Comm & Power Line Construction1623
Product category
Water Well Drilling & Pump Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Water Well Drilling Services
TypeOne Time License
Description

One-time service revenue from drilling new water wells for residential, agricultural, irrigation, municipal, and industrial applications. Well sizes range from 4-16 inches in diameter depending on application.

waterwelldrilling.com
2Pump Installation Services
TypeOne Time License
Description

Installation of water pumping systems including submersible pumps, jet pumps, booster pumps, turbine pumps, and variable frequency drive systems for various commercial and residential applications.

waterwelldrilling.com
3Emergency Repair & Maintenance Services
TypeProfessional Services
Description

Time-and-materials or service fee revenue from emergency repairs, routine maintenance, pump repairs, and system servicing. 24-hour availability for emergency calls.

waterwelldrilling.com
4Preventive Maintenance Programs
TypeSubscription Recurring
Description

Recurring revenue from Hassle-Free Maintenance Program offering 5-year inspections, water testing, and personalized reports. Program is free to enroll but generates ongoing service revenue.

waterwelldrilling.com
5Well Abandonment & Sealing Services
TypeOne Time License
Description

Decommissioning of unused/abandoned wells to prevent environmental contamination and protect property owners from liability.

waterwelldrilling.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others
Pricing details4 tiers
1Water Well Apprentice Driller
ModelOtherBilling cadencePay-as-you-go
Notes

Base salary $27/hr with overtime after 40 hrs (1.5x). Total compensation package including per diem ($3,500), performance bonus ($1,000), profit sharing ($4,250), safety bonus ($500), 401k match ($3,250), health insurance contribution ($3,000), and accrued vacation ($3,700) totals approximately $80,500.

waterwelldrilling.com
2Lead Water Well & Pump Service Technician
ModelOtherBilling cadencePay-as-you-go
Notes

Base salary $28/hr with overtime after 40 hrs. Total compensation including per diem ($2,500), monthly weekend on-call ($1,200), performance bonus ($12,250), profit sharing ($7,766), 401k match ($4,583), health insurance ($3,002), and vacation ($3,560) totals approximately $140,880.

waterwelldrilling.com
3Lead Water Well Driller
ModelOtherBilling cadencePay-as-you-go
Notes

Base salary $28/hr with overtime after 40 hrs. Total compensation including drilling bonus ($1-$2/ft, approximately $10,601), per diem ($5,750), performance bonus ($9,600), profit sharing ($5,479), 401k match ($4,568), health insurance ($2,515), and vacation ($3,860) totals approximately $139,138.

waterwelldrilling.com
4General Manager
ModelOtherBilling cadenceAnnual
Notes

Base salary $75,000/year. Total compensation including performance bonus (~$20,000 based on NI increase), drilling bonus (~$2,000), per diem ($2,800), profit sharing ($6,750), 401k match ($3,000), and vacation ($2,700) totals approximately $115,750.

waterwelldrilling.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Steffl Drilling & Pump is a licensed water well drilling contractor that drills, installs pumps for, repairs, and maintains water well systems for residential, agricultural, municipal, industrial, and commercial customers across the Upper Midwest. Services span the full lifecycle of water supply infrastructure including new well drilling (4-16 inch diameters), submersible/jet/turbine/booster/VFD pump system installation, 24/7 emergency repair, preventive maintenance, well abandonment and sealing, and specialized drilling for irrigation, livestock, fire protection, geothermal, hard rock, and cathodic protection applications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 4.8/5 average rating with 21 reviews for emergency repair service
+5 more records
Product overview1 text field

Steffl Drilling & Pump is a Minnesota-based water well drilling and repair services company founded in 1978, offering a comprehensive suite of water well services. The company provides drilling, installation, repair, maintenance, and abandonment services across residential, commercial, agricultural, municipal, and industrial segments. Core offerings include emergency 24/7 repair services, a preventive maintenance program, and specialized drilling for irrigation, agricultural/livestock, municipal/industrial, fire protection, geothermal, hard rock, and cathodic protection applications. Services are delivered through a fleet of state-of-the-art drilling equipment across five Midwest states (Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin).

Product and service11 records
1Emergency Water Well Repair
CategoryWater Well Service
Description

24-hour emergency water well and pump repair services covering all pump types including submersible, jet, turbine, and booster pumps for commercial and residential applications across Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin.

2Hassle-Free Water Well Maintenance Program
CategoryMaintenance Service
Description

Preventive maintenance program offering 5-year reminders, personalized inspection reports, water quantity and quality testing, and system component inspection to prevent costly repairs and ensure water supply longevity. Free to enroll.

3Residential Water Well Drilling
CategoryResidential Drilling
Description

Private residential water well drilling and installation services including pump system customization, landscape protection, and connection to homeowner water supply systems for rural and residential properties.

4Well Abandonment & Sealing
CategoryWell Sealing / Decommissioning
Description

Abandoned water well capping, sealing, and decommissioning services using bentonite or grout to prevent environmental contamination and protect property owners from liability.

5Irrigation Water Well Drilling
CategoryAgricultural Drilling
Description

Agricultural irrigation well drilling for crop watering systems including high-capacity pump installations, pivot system hookups, stainless steel submersibles, flow induction sleeves, and customized solutions for corn, soybeans, and sod farming operations (up to 1200 GPM).

6Agricultural Water Well Drilling
CategoryAgricultural Drilling
Description

Livestock water well drilling and installation services providing dedicated water supply for hog, cattle, turkey, and chicken operations with high-capacity pumping systems, Variable Frequency Drive (VFD) controls, and insulated water lines.

7Municipal & Industrial Water Well Drilling
CategoryMunicipal / Industrial Drilling
Description

High-capacity municipal water well drilling for community water supply and industrial facilities including large-diameter wells (10+ inches), test pumping, cement grouting, and pitless installations.

8Fire Protection Well Drilling
CategoryFire Protection / Commercial Drilling
Description

Fire protection well installation meeting Minnesota State Building Code requirements, providing a cost-effective alternative to cistern systems with high-capacity pumping for sprinkler systems.

9Geothermal Well Drilling
CategoryGeothermal Drilling
Description

IGSHPA-certified geothermal heat exchange loop drilling for residential and commercial heating and cooling systems, utilizing the earth's constant subsurface temperature for renewable energy solutions.

10Hard Rock Well Drilling
CategorySpecialty Drilling
Description

Specialized hard rock drilling using air rig technology to penetrate granite and other hard formations in areas like South Central Minnesota and South Dakota.

11Cathodic Protection Well Drilling
CategoryPipeline Protection Drilling
Description

OSHA and HAZMAT certified drilling for cathodic protection wells installed alongside pipelines to prevent corrosion, leaks, and environmental contamination from gas and oil infrastructure, including anode installation and fluid conditioning.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Founding family retaining partnership stake post-acquisition. Founder Mike Steffl (45+ years experience) continues involvement. CEO Sam Steffl leads the company. Family's continued involvement provides continuity and industry expertise.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Established manufacturer and servicer of water treatment and pumping equipment with a North American Water Treatment division. Comparable in end-customer overlap (residential, commercial water systems) but operates at vastly larger scale across a broader product portfolio.

TypeBroad incumbent
Description

Global water technology company providing pumps, treatment, and metering solutions for utility, industrial, and commercial customers. Comparable as a broad water services incumbent intersecting with Steffl's municipal/industrial well drilling and pump installation work.

TypeBroad incumbent
Description

Global water treatment and flow control company with residential and commercial pump/filtration offerings. Overlaps with Steffl in residential and agricultural water systems and pump service, though at a much larger scale.

TypeBroad incumbent
Description

Global manufacturer of water pumping systems (submersible, jet, booster pumps) and a leading supplier to the water well industry. While Steffl is a service contractor, Franklin Electric's products are core to Steffl's installations, and the two are tightly linked across the water well value chain.

TypeBroad incumbent
Description

Manufacturer of water and plumbing products including pumps and water treatment systems. Comparable incumbent in residential and commercial water infrastructure, with overlapping customer base in plumbing and well service contractors.

TypeDirect peer
Description

National water well drilling and water resource infrastructure contractor, owned by Granite Construction. Most direct comparable in scale and service mix to Steffl's full-lifecycle water well offering for municipal and industrial customers.

TypeBroad incumbent
Description

Manufacturer and servicer of pumps across industrial, commercial, and municipal applications. Comparable to Steffl in pump installation and service for high-capacity agricultural and municipal water systems.

TypeBroad incumbent
Description

Global water treatment franchise network operating residential and commercial water softening, filtration, and well service. Comparable in residential and small-commercial water services; relevant adjacency for Steffl's residential well drilling and pump service lines.

TypeEmerging player
Description

Other regional Midwest water well drilling and pump contractors (e.g., Wisconsin-based well drilling firms) compete directly with Steffl in the five-state footprint and represent both potential roll-up targets and direct competitors for residential and agricultural drilling work.

TypeDirect peer
Description

Pump service and repair company serving industrial, commercial, and municipal customers across multiple U.S. regions. Closely comparable business model to Steffl's pump installation, repair, and maintenance service lines.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers31 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile7 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature9 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Steffl Drilling & Pump

Water Well Drilling & Pump Serviceswaterwelldrilling.com

Steffl Drilling & Pump is a Midwest-based water well drilling and pump services company founded in 1978, providing drilling, repair, and maintenance to residential, agricultural, municipal, industrial, and energy customers across five states.

What Steffl Drilling & Pump does

Steffl Drilling & Pump is a privately-held water well drilling and pump services contractor headquartered in Willmar, Minnesota, founded in 1978 by Mike Steffl and his wife Roxy. The company provides full-lifecycle water well services — including new well drilling, pump installation, emergency repair, preventive maintenance, well abandonment, and specialized drilling applications such as geothermal heat loops, cathodic protection for pipelines, hard rock drilling, fire protection wells, and high-capacity irrigation and municipal wells. It is licensed as a well drilling contractor in five Midwestern states — Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin — and serves residential homeowners, agricultural operations (livestock and crop), municipal and industrial customers, energy and utilities pipeline operators, and commercial construction firms.

The company's service delivery is built around a fleet of specialized drilling equipment, including Atlas Copco T2WIII, Mayhew 1400W, and Midway 13M drill rigs, complemented by rig tenders with cranes (2,300–3,000 gallon capacity), air compressors (175–350 CFM), mud pumps, and a network of service trucks. Operational credentials include IGSHPA accreditation for geothermal drilling, OSHA and HAZMAT certification for cathodic protection work, and active memberships in the American Groundwater Trust, National Groundwater Association, and Water Systems Council. The team is led by founder Mike Steffl (45+ years of experience) and includes tenured drillers and service technicians with 20–25+ years of company tenure, supporting specialized capabilities such as hard rock air drilling through granite and high-capacity municipal well construction.

Revenue is generated primarily through one-time project fees for drilling and pump installation, time-and-materials or service fees for emergency repair work, and a recurring preventive maintenance subscription ("Hassle-Free Maintenance Program") that generates 5-year inspection cycles with annual water quality testing. Go-to-market is direct field sales, with customers reaching the company via a 24/7 emergency phone line (800-288-9355) or website forms. The customer base spans a mix of long-tail residential and SMB jobs and named enterprise accounts across agriculture (Christensen Farms, Wakefield Pork, Riverview, Schwartz Farms), food processing and ethanol (Cargill, PM Beef, Corn Plus), and energy pipelines (Enbridge, Great Lakes Gas Transmission). In May 2026, O2 Investment Partners acquired a controlling stake in partnership with the founding Steffl family, with CEO Sam Steffl continuing to lead the business as the platform for a planned nationwide water well services roll-up.

Steffl Drilling & Pump firmographics

Firmographics
Name
Steffl Drilling & Pump
Legal name
Steffl Drilling & Pump
Website
https://waterwelldrilling.com
Company type
Private
Founded year
1978
Operating status
Operating
Headcount range
11–50 employees
Short description
Steffl Drilling & Pump is a Midwest-based water well drilling and pump services company founded in 1978, providing drilling, repair, and maintenance to residential, agricultural, municipal, industrial, and energy customers across five states.
Ownership category
akta.pro rank

Steffl Drilling & Pump industry classification

Industry
Product category
Water Well Drilling & Pump Services
NAICS
Water and Sewer Line and Related Structures Construction (23711)
SIC
Pumps & Pumping Equipment (3561), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
akta.pro primary industry
Pump, Well & Booster System Service for Irrigation (HSAIAEAI)
akta.pro secondary industries
Pump Systems & Pumping Stations (Surface, Submersible, Booster) (AFAAACAC), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)

Keywords

  • Water well drilling
  • Pump installation services
  • Well repair services
  • Irrigation well drilling
  • Geothermal well drilling

Where Steffl Drilling & Pump is headquartered

Location

Headquarters

HQ city
Willmar
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Steffl Drilling & Pump business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

  1. Water Well Drilling Services: One-time service revenue from drilling new water wells for residential, agricultural, irrigation, municipal, and industrial applications. Well sizes range from 4-16 inches in diameter depending on application.
  2. Pump Installation Services: Installation of water pumping systems including submersible pumps, jet pumps, booster pumps, turbine pumps, and variable frequency drive systems for various commercial and residential applications.
  3. Emergency Repair & Maintenance Services: Time-and-materials or service fee revenue from emergency repairs, routine maintenance, pump repairs, and system servicing. 24-hour availability for emergency calls.
  4. Preventive Maintenance Programs: Recurring revenue from Hassle-Free Maintenance Program offering 5-year inspections, water testing, and personalized reports. Program is free to enroll but generates ongoing service revenue.
  5. Well Abandonment & Sealing Services: Decommissioning of unused/abandoned wells to prevent environmental contamination and protect property owners from liability.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goWater Well Apprentice Driller
OtherPay-as-you-goLead Water Well & Pump Service Technician
OtherPay-as-you-goLead Water Well Driller
OtherAnnualGeneral Manager

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Steffl Drilling & Pump product offering

Product offering

Core offering

Steffl Drilling & Pump is a licensed water well drilling contractor that drills, installs pumps for, repairs, and maintains water well systems for residential, agricultural, municipal, industrial, and commercial customers across the Upper Midwest. Services span the full lifecycle of water supply infrastructure including new well drilling (4-16 inch diameters), submersible/jet/turbine/booster/VFD pump system installation, 24/7 emergency repair, preventive maintenance, well abandonment and sealing, and specialized drilling for irrigation, livestock, fire protection, geothermal, hard rock, and cathodic protection applications.

Product overview

Steffl Drilling & Pump is a Minnesota-based water well drilling and repair services company founded in 1978, offering a comprehensive suite of water well services. The company provides drilling, installation, repair, maintenance, and abandonment services across residential, commercial, agricultural, municipal, and industrial segments. Core offerings include emergency 24/7 repair services, a preventive maintenance program, and specialized drilling for irrigation, agricultural/livestock, municipal/industrial, fire protection, geothermal, hard rock, and cathodic protection applications. Services are delivered through a fleet of state-of-the-art drilling equipment across five Midwest states (Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin).

Differentiator

Problem solved

Functional benefit

Products and services

  • Emergency Water Well Repair 24-hour emergency water well and pump repair services covering all pump types including submersible, jet, turbine, and booster pumps for commercial and residential applications across Minnesota, North Dakota, South Dakota, Iowa, and Wisconsin.
  • Hassle-Free Water Well Maintenance Program Preventive maintenance program offering 5-year reminders, personalized inspection reports, water quantity and quality testing, and system component inspection to prevent costly repairs and ensure water supply longevity. Free to enroll.
  • Residential Water Well Drilling Private residential water well drilling and installation services including pump system customization, landscape protection, and connection to homeowner water supply systems for rural and residential properties.
  • Well Abandonment & Sealing Abandoned water well capping, sealing, and decommissioning services using bentonite or grout to prevent environmental contamination and protect property owners from liability.
  • Irrigation Water Well Drilling Agricultural irrigation well drilling for crop watering systems including high-capacity pump installations, pivot system hookups, stainless steel submersibles, flow induction sleeves, and customized solutions for corn, soybeans, and sod farming operations (up to 1200 GPM).
  • Agricultural Water Well Drilling Livestock water well drilling and installation services providing dedicated water supply for hog, cattle, turkey, and chicken operations with high-capacity pumping systems, Variable Frequency Drive (VFD) controls, and insulated water lines.
  • Municipal & Industrial Water Well Drilling High-capacity municipal water well drilling for community water supply and industrial facilities including large-diameter wells (10+ inches), test pumping, cement grouting, and pitless installations.
  • Fire Protection Well Drilling Fire protection well installation meeting Minnesota State Building Code requirements, providing a cost-effective alternative to cistern systems with high-capacity pumping for sprinkler systems.
  • Geothermal Well Drilling IGSHPA-certified geothermal heat exchange loop drilling for residential and commercial heating and cooling systems, utilizing the earth's constant subsurface temperature for renewable energy solutions.
  • Hard Rock Well Drilling Specialized hard rock drilling using air rig technology to penetrate granite and other hard formations in areas like South Central Minnesota and South Dakota.
  • Cathodic Protection Well Drilling OSHA and HAZMAT certified drilling for cathodic protection wells installed alongside pipelines to prevent corrosion, leaks, and environmental contamination from gas and oil infrastructure, including anode installation and fluid conditioning.

Quantifiable outcome

  • 4.8/5 average rating with 21 reviews for emergency repair service
  • +5 more outcomes

Companies that use Steffl Drilling & Pump

Customer profile

Named customers31 records

Segments7 records

Ideal customer profiles7 records

Steffl Drilling & Pump technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature9 records

Steffl Drilling & Pump partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Steffl FamilycoreStrategic or Co-development PartnerFounding family retaining partnership stake post-acquisition. Founder Mike Steffl (45+ years experience) continues involvement. CEO Sam Steffl leads the company. Family's continued involvement provides continuity and industry expertise.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Steffl Drilling & Pump competitors and assessment

Company assessment

Broad incumbents

  • A. O. Smith Corporation: Established manufacturer and servicer of water treatment and pumping equipment with a North American Water Treatment division. Comparable in end-customer overlap (residential, commercial water systems) but operates at vastly larger scale across a broader product portfolio.
  • Xylem Inc. Global water technology company providing pumps, treatment, and metering solutions for utility, industrial, and commercial customers. Comparable as a broad water services incumbent intersecting with Steffl's municipal/industrial well drilling and pump installation work.
  • Pentair plc: Global water treatment and flow control company with residential and commercial pump/filtration offerings. Overlaps with Steffl in residential and agricultural water systems and pump service, though at a much larger scale.
  • Franklin Electric Co. Global manufacturer of water pumping systems (submersible, jet, booster pumps) and a leading supplier to the water well industry. While Steffl is a service contractor, Franklin Electric's products are core to Steffl's installations, and the two are tightly linked across the water well value chain.
  • Watts Water Technologies: Manufacturer of water and plumbing products including pumps and water treatment systems. Comparable incumbent in residential and commercial water infrastructure, with overlapping customer base in plumbing and well service contractors.
  • Peerless Pump (a Grundfos company): Manufacturer and servicer of pumps across industrial, commercial, and municipal applications. Comparable to Steffl in pump installation and service for high-capacity agricultural and municipal water systems.
  • Culligan International: Global water treatment franchise network operating residential and commercial water softening, filtration, and well service. Comparable in residential and small-commercial water services; relevant adjacency for Steffl's residential well drilling and pump service lines.

Direct peers

  • Layne Heavy Civil (Granite Construction subsidiary): National water well drilling and water resource infrastructure contractor, owned by Granite Construction. Most direct comparable in scale and service mix to Steffl's full-lifecycle water well offering for municipal and industrial customers.
  • Hydro Incorporated: Pump service and repair company serving industrial, commercial, and municipal customers across multiple U.S. regions. Closely comparable business model to Steffl's pump installation, repair, and maintenance service lines.

Emerging players

  • HydroSpec Environmental / Regional Midwest well drillers: Other regional Midwest water well drilling and pump contractors (e.g., Wisconsin-based well drilling firms) compete directly with Steffl in the five-state footprint and represent both potential roll-up targets and direct competitors for residential and agricultural drilling work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Steffl Drilling & Pump social profiles

Digital presence

Steffl Drilling & Pump financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Steffl Drilling & Pump leadership team

Management profile

Number of profiles

Profiles9 records

Steffl Drilling & Pump funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Steffl Drilling & Pump M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Steffl Drilling & Pump

What does Steffl Drilling & Pump do?

Steffl Drilling & Pump is a licensed water well drilling contractor that drills, installs pumps for, repairs, and maintains water well systems for residential, agricultural, municipal, industrial, and commercial customers across the Upper Midwest. Services span the full lifecycle of water supply infrastructure including new well drilling (4-16 inch diameters), submersible/jet/turbine/booster/VFD pump system installation, 24/7 emergency repair, preventive maintenance, well abandonment and sealing, and specialized drilling for irrigation, livestock, fire protection, geothermal, hard rock, and cathodic protection applications.

Is Steffl Drilling & Pump a public or private company?

Steffl Drilling & Pump is a private company. It is classified as private equity controlled and is currently operating.

When was Steffl Drilling & Pump founded?

Steffl Drilling & Pump was founded in 1978. It employs 11 to 50 people.

Where is Steffl Drilling & Pump based?

Steffl Drilling & Pump is headquartered in Willmar, United States, in the North America region.

How does Steffl Drilling & Pump make money?

Five revenue lines are on record. Water Well Drilling Services are the primary driver. The others are pump Installation Services, emergency Repair & Maintenance Services, preventive Maintenance Programs and well Abandonment & Sealing Services.

Who are Steffl Drilling & Pump's main competitors?

Broad incumbents on record are A. O. Smith Corporation, Xylem Inc., Pentair plc, Franklin Electric Co., Watts Water Technologies, Peerless Pump (a Grundfos company) and Culligan International. Direct peers are Layne Heavy Civil (Granite Construction subsidiary) and Hydro Incorporated. HydroSpec Environmental / Regional Midwest well drillers is listed as an emerging player.

Does Steffl Drilling & Pump have an API?

No public API is recorded for Steffl Drilling & Pump.

What industry is Steffl Drilling & Pump in?

Steffl Drilling & Pump's product category is Water Well Drilling & Pump Services. Its primary akta.pro industry code is HSAIAEAI, Pump, Well & Booster System Service for Irrigation, with a secondary code of AFAAACAC, Pump Systems & Pumping Stations (Surface, Submersible, Booster). Its NAICS code is 23711 and its SIC code is 3561.

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PeprofessionalO2 Loves H2OO2 Investment Partners has acquired Steffl Drilling & Pump, a water well drilling and repair services provider founded in 1978, in partnership with the founding Steffl family. CEO Sam Steffl will continue leading the company as O2 aims to build a nationwide water well drilling and repair services platform in a fragmented, supply-constrained industry that supports critical infrastructure. Craig-Hallum served as financial advisor to Steffl, while CIFC Direct Lending provided debt financing for the transaction.Pulse 2.0O2 Investment Partners Backs Steffl Drilling & Pump To Build Nationwide Water Well Services PlatformSteffl Drilling & Pump, a Minnesota-based water well drilling and repair services provider founded in 1978, has secured a private equity investment from O2 Investment Partners to build a nationwide platform in the water well services industry. Financial terms of the transaction were not disclosed. The partnership is designed to accelerate both organic growth and acquisition-driven expansion across adjacent geographies, end markets, and service lines.Business Wire BlogO2 Invests in and Partners with Steffl Drilling & PumpO2 Investment Partners has partnered with Steffl Drilling & Pump and the Steffl family to support the company's rapid growth in the water well drilling and repair services industry. Steffl, founded in 1978 in Minnesota, is a leading regional provider serving municipal, agricultural, commercial, and residential customers with a full lifecycle of water well services including repair, replacement, maintenance, new installation, PFAS remediation, and geothermal projects. The partnership aims to build a leading nationwide water well drilling platform through both organic growth and acquisitions across adjacent geographies and service lines.Venture Capital Access OnlineO2 Invests in and Partners with Steffl Drilling & PumpO2 Investment Partners announced a partnership with Steffl Drilling & Pump to support its growth, with terms undisclosed. Steffl, founded in 1978, provides water well drilling and repair services. The deal is expected to accelerate organic and acquisition-driven growth across geographies and service lines.YahooO2 Invests in and Partners with Steffl Drilling & PumpO2 Investment Partners has partnered with Steffl Drilling & Pump, a Minnesota-based water well drilling and repair services company founded in 1978, to support the company's rapid growth and build a leading nationwide platform. The partnership aims to accelerate both organic and acquisition-driven growth across adjacent geographies, end markets, and service lines. Terms of the investment were not disclosed.CleanenergyresourceteamsSteffl Drilling & Pump digs deep to use less and cleaner energySteffl Drilling & Pump, a well drilling contractor in Willmar, Minnesota, completed a 52kW solar PV array installation along with geothermal heating and LED lighting upgrades at its headquarters to reduce energy costs and reliance on coal-generated power. The $108,000 solar installation received $93,000 in combined incentives through a USDA REAP grant, Federal Tax Credit, and first-year depreciation, bringing the net cost to $15,000 with a projected 7-8 year break-even timeline. Clean Energy Resource Teams (CERTs) assisted the company in navigating financial incentives and utility regulations for the project.