M&A Deal Summary

Energold Drilling Acquires Bertram International

On July 25, 2011, Energold Drilling acquired energy services and equipment company Bertram International for 18M USD

Acquisition Highlights
  • This is Energold Drilling’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Energold Drilling’s largest (disclosed) transaction.
  • This is Energold Drilling’s 1st transaction in Canada.
  • This is Energold Drilling’s 1st transaction in Alberta.

M&A Deal Summary
Date 2011-07-25
Target Bertram International
Sector Energy Services and Equipment
Buyer(s) Energold Drilling
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Bertram International

Carbon, Alberta, Canada
Bertram is a diversified specialty drilling company, servicing the energy sector in Canada and the U.S. Bertram has a current inventory of 119 rigs specially designed for oil sands coring, shot hole seismic and geothermal drilling services markets. Bertram also provides diamond and pipeline drilling services.

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Buyer(S) 1

Buyer

Energold Drilling

Vancouver, British Columbia, Canada
Category Company
Sector Metals/Mining
DESCRIPTION

Energold Drilling Corp. is a global specialty drilling company that services the mining, energy, water, infrastructure and manufacturing sectors in approximately 25 countries. Specializing in a socially and environmentally sensitive approach to drilling, Energold provides a comprehensive range of drilling services from early stage exploration to mine site operations for all commodity sectors and has an established drill rig manufacturer.

DEAL STATS #
Overall 3 of 4
Sector (Energy Services and Equipment) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2011) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-19 Dando Drilling International

Littlehampton, United Kingdom

Dando Drilling International Limited is a UK manufacturer of drilling rigs and equipment for the water well, mineral exploration, geotechnical and geothermal sectors.

Buy £500K
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-07 Cros-Man Direct Underground

Reston, Manitoba, Canada

Cros-Man Direct Underground Ltd. is a horizontal directional driller servicing the telecommunications, water, sewage, hydro and oil and gas markets in central Canada. Cros-Man's primary business involves the trenchless method of installing cable and piping systems underground in a shallow arc along a predetermined path, by the use of highly specialized drilling equipment. Cros-Man has generated an increasing portion of its revenue from engineering and telecommunications drilling services and also maintains an ongoing presence in the oil and gas pipeline market in Central Canada.

Buy $4M
Mergr

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