PDC Logic
Company

date founded

Financing round

General

About Company
PDC Logic is a drill bit manufacturing and service company that specializes in producing drilling and completion bits.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2003

Company Type

For Profit

IPO status

Private

Description

Founded over 60 years ago by Tommy Waitman, PDC Logic started as a company reconditioning bits and servicing oilfield equipment. Since then, it has grown into a full-service drill bit manufacturer and service provider. With expertise in the field, PDC Logic operates in multiple locations across the United States, including the Permian Basin, Mid-Continent, Eagle Ford, and DJ Basin. The company is based in Norman, Oklahoma and was founded in 2003.
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total rounds

1

total raised

$1.7M
M&A Details
1

Acquired by

Intervale Capital

announced date

17.01.2018

Financials

Co-Investors

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