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TRAIL BLAZER, INC. |
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Trail
Blazer, Inc. is an oilfield rental company which provides its customers drill
site surface equipment such as fork lifts, generators, pumps, trash trailers
and water line pipe. It is headquartered in Elk City, Oklahoma, and has
facilities in Chickasha and Canadian, Oklahoma.
The Company provides rental service in Oklahoma and the Texas
Panhandle. The founder and owner
of Trail Blazer, Mr. Carl Farni, built the leading surface rental company in
Oklahoma over a 23 year period. Mr.
Farni contacted The Dillard Anderson Group (DAG) after talking to industry
sources about who might assist him in achieving his financial goals.
DAG met with Mr. Farni, and developed an understanding of his operation
and customer base. DAG, through
our knowledge of the oilfield service industry of private equity markets,
identified a number of strategic and financial acquisition candidates.
One of the acquisition candidates was Stallion Oilfield Services, LTD,
Houston, Texas. DAG was familiar
with Stallion's strategies, having worked with them on a transaction several
months earlier. Trail Blazer
provided a perfect fit for Stallion's objective of expanding operations in the
Oklahoma market. DAG delivered a premium valuation (which was not publicly disclosed). In addition, Mr. Farni and his entire staff all agreed to continue operating and expanding the Company on behalf of Stallion. |
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