International Business Exchange (IBEX) successfully brokered the sale of the business Armstrong Tool Inc located in Van Buren, AR on June 2nd, 2006 to undisclosed corporation. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and close the deal. The present Owner established the Company in 1997. The Company services the drilling exploration market at the drilling rig level. The equipment can be rented or purchased. The Company will lease equipment with an operator to operate the tools for the contractor. The equipment is a complete fishing tool inventory to remove debris from the wells from 1” in diameter to 14” in diameter. The Company services two key markets: the Arkoma Basin as well as the Illinois Basin. The Company is equally equipped with fishing tool inventory and experienced service operators.