Insights & Events

Deal Announcement – Drilling Services Company

By Pavilion

Pavilion Business Services is pleased to announce the acquisition of Mud Bay Drilling Co. Ltd (Mud Bay) a geotechnical drilling company by ConeTec Investigations Ltd. .

Pavilion was retained by Mud Bay as its sell-side advisor, assisting and negotiating the structure of the transaction as well as due diligence. These two companies have extremely complimentary services and the synergistic nature of the business improves the business operations of both companies.

Due to our marketing strategy, we generated significant levels of interested buyers from across Canada and USA which resulted in a stronger outcome for our client in value and improved terms. Visit our Marketing page for more information on the value marketing brings to the sale of your business.

Pavilion has direct access to a global network of connections that provide us with strategic buyers for our clients with the highest standard of service, and enable our clients to sell their business for maximum value on the best terms available.

Choosing the best time to sell is a key issue for sellers and planning is essential. If you have succession and exit planning on your agenda, it’s a great time to talk to the Pavilion team. For a no-obligation discussion or to arrange to meet up for a coffee – please call me at 1.800.758.2922.

I look forward to hearing from you.

Kind regards,
Greg Spafford