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Posted on 250 Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of GEDCO Drilling & Coring, Inc. to Innovative Environmental Technologies, Inc. The acquisition closed January 6, 2021. Located in Irving, Texas, GEDCO Drilling & Coring (GEDCO) is an independent drilling contractor founded in 2000 and has established itself as a premier drilling contractor in Texas as well as neighboring states. GEDCO’s founder, Cliff L. Rigby, a Licensed Driller with over 30 years of environmental and geotechnical drilling experience, will continue to manage the division. GEDCO performs Geotechnical, Environmental, Forensic and Offshore drilling. GEDCO owns various types of specialty drill rigs, trucks, support equipment and barges capable of performing a variety of drilling methods.

United statesCarl doerksenCory stricklandMichael scalziClifford rigbyJacob mangalathCliffl rigbyMichael gossGenerational groupGenerational consulting groupValuation firm of the yearInnovative environmental technologies incDrilling coring incInvestment banking firm of the yearGenerational equityInnovative environmental technologies