The leading geothermal drilling provider Rototec found 5x more targets using Grasp.
Company
Rototec
Market(s)
US
Industry
Geothermal drilling
Key data
5
times
increase in number of targets
3k
data points
unique data points mapped
Problem
Traditional M&A-screening methods are inefficient, costly and often result in M&A targets being missed.
Solution
Find all relevant US targets using Grasp's AI, and include the industry-specific data points needed to prioritize among them.
Case
Rototec is a leading European geothermal drilling company that is looking to grow internationally. Their market is highly fragmented, consisting of thousands of local drilling companies.
Rototec’s strategy is to acquire and consolidate smaller U.S. players and build market share– but they need to find these before competitors do. Traditionally M&A screening was done through own desktop research and by hiring external consultants. This was costly and resulted in many targets being overlooked.
