Established in 2012, this highly profitable Canadian company is a recognized independent provider of survey management, wellbore positioning, drilling risk mitigation, and quality assurance services to oil & gas operators and directional drilling contractors. The business delivers mission-critical solutions that improve wellbore accuracy, reduce drilling uncertainty, ensure regulatory compliance, and optimize drilling performance.
The Company has developed a strong reputation as a trusted technical advisor, providing unbiased oversight, advanced survey analysis, IFR-based positioning solutions, collision avoidance services, and survey auditing for complex drilling programs.
Financial Highlights
- Revenue growth from $1.6M to $6.2M over the past four years
- 2025 Revenue: $6.2M
- 2025 EBITDA: $3.56M
- EBITDA Margin: 57.5%
- Asset-light, highly scalable business model
- Strong recurring customer relationships
- Minimal capital expenditure requirements
Key Investment Highlights
- Market-leading independent positioning specialist
- Exceptional profitability and cash flow generation
- Mission-critical services with high barriers to entry
- Long-standing relationships with operators and drilling contractors
- Significant growth opportunities in oil & gas, mining, geothermal, and magnetic ranging
- Potential for international expansion into major energy and mining markets
This opportunity represents the acquisition of a specialized, technology-enabled technical services company with industry-leading margins, strong growth momentum, and multiple avenues for future expansion.
Additional information available upon execution of a confidentiality agreement.
