M&A Deal Summary

Cascade Drilling Acquires Environmental and Infrastructure drilling/ Boart Longyear

On July 15, 2013, Cascade Drilling acquired infrastructure company Environmental and Infrastructure drilling/ Boart Longyear from Boart Longyear

Acquisition Highlights
  • This is Cascade Drilling’s 1st transaction in the Infrastructure sector.
  • This is Cascade Drilling’s 1st transaction in the United States.

M&A Deal Summary
Date 2013-07-15
Target Environmental and Infrastructure drilling/ Boart Longyear
Sector Infrastructure
Buyer(s) Cascade Drilling
Sellers(s) Boart Longyear
Deal Type Divestiture

Target

Environmental and Infrastructure drilling/ Boart Longyear

United States
Environmental and Infrastructure drilling services operations business of Boart Longyear Ltd.

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Buyer(S) 1

Buyer

Cascade Drilling

Bothell, Washington, United States
Category Company
Founded 1991
Sector Environmental
DESCRIPTION

Cascade Drilling is a provider of environmental and geotechnical services. Cascade’s services include track and truck-mounted sonic, air and mud rotary, auger, wire-line coring, and direct push drilling. Cascade Drilling was founded in 1991 and is based in Bothell, Washington.

DEAL STATS #
Overall 1 of 7
Sector (Infrastructure) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 7
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-18 ZEBRA Technical Services

Lynbrook, New York, United States

ZEBRA Technical Services LLC is a direct push technology company (DPT) that operates the GeoProbe® 8040DT, 7822DT, 6620DT 54DT and several smaller, portable direct push rigs.

Buy -

Seller(S) 1

SELLER

Boart Longyear

Salt Lake City, Utah, United States
Category Company
Founded 1890
Sector Energy Services and Equipment
Employees4,333
Revenue 1.1B USD (2023)
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 3
Sector (Infrastructure) 1 of 1
Type (Divestiture) 3 of 3
Country (United States) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-25 Barat Ceramics

Auma, Germany

Barat Ceramics is a manufacturer of electronic and measurement components, metal-ceramic composites, ceramic wear components and ceramic parts for ballistic applications, particularly for armour-clad vehicles.

Sell -
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