Investment Summary

Epiroc Invests In ASI Mining

On October 30, 2018, Epiroc invested in information technology company ASI Mining from Autonomous Solutions

Investment Highlights
  • This is Epiroc’s 1st transaction in the Information Technology sector.
  • This is Epiroc’s 1st transaction in the United States.
  • This is Epiroc’s 1st transaction in Utah.

Investment Summary
Date 2018-10-30
Target ASI Mining
Sector Information Technology
Investor(s) Epiroc
Sellers(s) Autonomous Solutions
Deal Type Stake Purchase

Target

ASI Mining

Petersboro, Utah, United States
ASI Mining scalable across the entire ecosystem of surface mining operations to connect and automate them all the different process.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Epiroc

Nacka, Sweden
Category Company
Founded 1873
Sector Machinery
Employees19,081
Revenue 60.3B SEK (2023)
DESCRIPTION

Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation, and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc was founded in 1873 and is based in Nacka, Sweden.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Stake Purchase) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Kinetic Logging Services

Perth, Australia

Kinetic Logging Services, based in Perth, Australia, provides mining-technology measurement services to build improved geological models that help mining companies increase productivity. The company’s flagship product is OreSight, a highly advanced solution that provides near real-time borehole assay data and grade information. The mining companies feed this data directly into their blast pad models, allowing them to make improved decisions on production and ore blending.

Buy -

Seller(S) 1

SELLER

Autonomous Solutions

Petersboro, Utah, United States
Category Company
Founded 2000
Sector Technology Hardware
DESCRIPTION

Autonomous Solutions designs and manufactures unmanned vehicle systems, software, and components for a variety of industrial, agricultural, automotive proving ground, and military customers. Autonomous Solutions was founded in 2000 and is based in Petersboro, Utah.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Stake Purchase) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

Product

Company

Legal