M&A Deal Summary

Major Drilling Group International Acquires McKay Drilling

On June 1, 2021, Major Drilling Group International acquired energy services and equipment company McKay Drilling for 37M USD

Acquisition Highlights
  • This is Major Drilling Group International’s 1st transaction in the Energy Services and Equipment sector.
  • This is Major Drilling Group International’s 2nd largest (disclosed) transaction.
  • This is Major Drilling Group International’s 1st transaction in Australia.

M&A Deal Summary

Date 2021-06-01
Target McKay Drilling
Sector Energy Services and Equipment
Buyer(s) Major Drilling Group International
Deal Type Add-on Acquisition
Deal Value 37M USD

Target

McKay Drilling

Wangara, Australia
McKay Drilling is a specialty drilling contractor. McKay Drilling is based in Wangara, Australia.

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Buyer(S) 1

Buyer

Major Drilling Group International

Moncton, New Brunswick, Canada

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Major Drilling Group International is a drilling services companies primarily serving the mining industry. Major Drilling Group International was founded in 1980 and is based in Moncton, Canada.


DEAL STATS #
Overall 1 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 Explomin Perforaciones

Lima, Peru

Explomin Perforaciones is a specialty drilling contractor that offers a wide array of specialized services including deep hole, directional, and high-altitude drilling, supplemented by a stable base of underground drilling operations. Explomin Perforaciones is based in Lima, Peru.

Buy $85M