Cratos Advisors Hired to Serve as Executive Chairman to Domestic Oil/Gas Drilling Equipment and Services Company

Cratos Advisors was recently engaged to serve as the Executive Chairman of the Board of Directors of a supplier of drilling equipment and services to domestic on-shore rig operators around the U.S.  The private equity backed company is dealing with multiple challenges systemic throughout the industry as a result of ongoing depressed commodity prices and reduced drilling demand.  As Executive Chairman, Cratos Advisors plans to negotiate a solution to the company’s current leverage issues, identify and implement further initiatives to drive efficiencies through the operations, and develop a go-forward strategy that solidifies its future value proposition.  To learn more, contact Ron Turcotte, Managing Partner,  at 770-605-7100 or rturcotte@cratosadvisors.com.

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