Willkie Farr, Cooley Aid $165M Infusion For Drilling Info

Law360, New York (March 5, 2012, 1:44 PM EST) -- A consortium of private equity firms and venture funds will bankroll a $165 million investment in Drilling Info Inc., an Austin, Texas-based data intelligence provider to the oil and gas industries, the companies announced on Monday.

The infusion of cash is primarily backed by New York private equity firm Insight Venture Partners, with additional support from Boston-based Battery Ventures and New York tech firm Eastern Advisors Private Fund. The investment will help Drilling Info expand its data and analytics offerings, as well as repay some of...
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