Boart Longyear - Ownership and Business Overview

Energy Services And EquipmentCompany

Boart Longyear Ownership

Who owns Boart Longyear?

Boart Longyear is owned by American Industrial Partners. It was acquired on January 3, 2024.

Is Boart Longyear PE-backed?

Yes. Boart Longyear is owned by private equity investor American Industrial Partners.

Was Boart Longyear formerly PE-backed?

Yes. Boart Longyear was formerly owned by 3 private investors.

Boart Longyear Business Overview

Where is Boart Longyear headquartered?

Boart Longyear is headquartered in Salt Lake City, Utah.

What is Boart Longyear’s revenue?

Boart Longyear disclosed revenue of 1,051M USD for 2023 and 1,039M USD for 2022.

How many employees does Boart Longyear have?

Boart Longyear has 4,333 employees.

What sector is Boart Longyear in?

Boart Longyear is an energy services and equipment company.

When was Boart Longyear founded?

Boart Longyear was founded in 1890.

Energy Services And Equipment M&A Summary in 2024

Out of 60 sectors in the Mergr database, energy services and equipment ranked 27 in number of deals in 2024. The largest energy services and equipment acquisition in 2024 was Techem - which was acquired by TPG for $7.6B.

Join Mergr to view all 53 acquisitions of energy services and equipment companies in 2024, including 9 acquisitions by private equity firms, and 44 by strategics.

Boart Longyear

Boart Longyear Ltd.

2455 South 3600 West,
Salt Lake City, Utah 84119
United States,
(801) 972-6430
www.boartlongyear.com

Boart Longyear is a provider of drilling services, orebody-knowledge technology, and innovative, safe and productivity-driven drilling equipment. The Company’s primary focus is on mining and exploration activities spanning commodities including copper, gold, nickel, zinc, uranium, and other minerals. Boart Longyear was established in 1890 and is based in Salt Lake City, Utah.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 3 - - - - - 3
  3

Most Recent M&A

Company Date Value Type
Environmental and Infrastructure drilling/ Boart Longyear 2013-07-15 - Divestiture
, United States
Barat Ceramics GmbH 2006-04-25 - Divestiture
Auma, Germany · www.barat-ceramics.de
Cushion Cut 2000-12-29 - Divestiture
Torrance, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Infrastructure - - 1 (33%) -
Machinery - - 1 (33%) -
Manufacturing - - 1 (33%) -
Total - - 3 -

By Geo

State/Country Buy Value Sell Value
United States - - 2 -
  California - - 1 -
Germany - - 1 -
Domestic - - 2 (67%) -
Cross-border - - 1 (33%) -
Total - - 3 -

M&A Connections

Deals
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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