Charger Investment Partners acquires drilling rig maker Versa-Drill

California-based private equity firm Charger Investment Partners has acquired Versa-Drill, an Indianapolis-based manufacturer of drilling rigs for water well, geothermal, and cathodic protection applications. Financial terms were not disclosed.

“Versa-Drill exemplifies the type of business Charger seeks to partner with, an essential infrastructure platform with a legacy of engineering excellence and clear opportunities for growth.”insideindianabusiness.com

• 1 source
• insideindianabusiness.comIndianapolis-based Versa-Drill acquired by California firm – Inside INdiana BusinessAlex BrownJul 3, 2025

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