Drilling Tools International Corporation (DTI) , a leading oilfield services company based in the United States, has entered into an agreement to acquire Superior Drilling Products, Inc. (“SDP”) in a cash-and-stock deal. The total consideration for the transaction is approximately $32.2 million. The deal is expected to be closed in the third quarter of 2024. The acquisition supports DTI’s overall growth strategy to become a premier provider of quality solutions and services for the oil and gas drilling indu ...