# 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.

- Type: Acquisition
- Announced: 2025-07-03
- Where: Indianapolis, Indiana, USA, United States
- Status: completed
- Products: drilling rigs
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Charger Investment Partners](https://endata.com/companies/73888.md) (acquirer)
- [Versa-Drill](https://endata.com/companies/85745.md) (target)

## Sources

- [insideindianabusiness.com](https://www.insideindianabusiness.com/articles/indianapolis-based-versa-drill-acquired-by-california-firm), 2025-07-03: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.