Kirkland Represents Pintail Completions on Sale to RPC, Inc.

Kirkland & Ellis advised Midland, TX-headquartered Pintail Completions, a leading provider of oilfield wireline services in the Permian basin, on its acquisition by RPC, Inc. (NYSE: RES) for approximately $245 million, subject to customary post-closing adjustments. The consideration was comprised of a combination of $170 million cash-on-hand, $25 million of RPC stock consideration, and $50 million seller note. Pintail’s full calendar 2024 revenues were approximately $409 million.

Read the transaction press release

The Kirkland team included corporate lawyers Kevin Crews, Adam Garmezy, Adam Wojcik and Alexiz Magro-Malo; tax lawyers David Wheat and Joe Tobias; debt finance lawyers Lucas Spivey and Daly Brower; executive compensation lawyer Rob Fowler; employment & labor lawyer Christie Alcala; environmental transactions lawyer Jonathan Kidwell; and antitrust & competition lawyer Michael Thorpe.