NEW YORK, Dec. 14, 2012 /PRNewswire/ — Empeiria Acquisition Corp. (OTC BB: EPAQ; EPAQW; EPAQU) (“EAC” or the “Company”) today announced that it has closed its previously announced business combination with Integrated Drilling Equipment Company Holdings Inc. (“IDE”) pursuant to which, IDE merged with and into IDE Acquisition Co., LLC (“Merger Sub”), with Merger Sub surviving the merger as a wholly owned subsidiary of EAC. Merger Sub will be renamed Integrated Drilling Equipment Company Holdings, LLC in connection with the merger.
Tudor, Pickering, Holt & Co., LLC and The PrinceRidge Group LLC acted as advisors to EAC while TerraNova Capital Partners acted as advisor to IDE. Jones Day acted as legal advisor to EAC
