ButcherJoseph Advises Fred Weber on the Majority Sale of General Drilling

ST. LOUIS, July 22, 2026 (GLOBE NEWSWIRE) -- ST. LOUIS, MO — July 2026 — ButcherJoseph & Co. (“ButcherJoseph”), a leading middle-market investment bank specializing in M&A and employee ownership transactions, is pleased to announce that it advised Fred Weber Inc. ("Fred Weber") on the majority sale of General Drilling Inc. (“General Drilling”) to Mascarene Partners backed Iron Pillar United Mining Group ("Iron Pillar"). Iron Pillar was formed out of the combination of two businesses; General Drilling and Venture Drilling East d/b/a Two Eight Southeast ("Venture Drilling East").