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Funding, M&A, exec moves & hiring — every signal Fundz sees, the moment it happens. See who’s in your market, who to reach, and why now.

Broadwater Capital acquires Drilling Mud Direct

PRIVATEMay 06, 20263 months ago

Acquiring Company

Broadwater Capital

Acquired Company

Drilling Mud Direct

FargoDenver

Description

Broadwater Capital has acquired Drilling Mud Direct, a provider of drilling fluid products and services. This partnership will enhance DMD's distribution reach and support growth in critical infrastructure sectors. The acquisition aims to leverage Broadwater's capabilities to meet increasing market demands.

Company Information

Company

Broadwater Capital

Location

Fargo, North Dakota, United States

About

Broadwater Capital is a Private Investment firm focused on growing founder-built businesses that support critical US infrastructure. The firm specializes in a variety of industrial subsectors. It aims to partner with companies that have strong market positions and growth potential.

Predictive Intelligence
Strategic

ML-powered predictions for Broadwater Capital's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.