Boart Longyear

Salt Lake City, United States Founded: 1890 • Age: 136 yrs Listed Acquired By American Industrial Partners
Provides drilling services and drilling products

About Boart Longyear

Boart Longyear is a company based in Salt Lake City (United States) founded in 1890, and was acquired by American Industrial Partners in December 2023. It provides drilling services and drilling products. The company has 953 employees. Its website boartlongyear.com draws about 26 thousand monthly visits.

Company details

Boart Longyear was founded in 1890 and is headquartered in Salt Lake City, United States. Operations center on providing drilling services and equipment to the energy, mining, and exploration industries. Performance tooling, such as drill rods, diamond bits, wireline core extraction systems, and overburden tools, is distributed. Focus areas include mine dewatering, oil sands exploration, and production drilling across global sites.

Key Metrics

Funding Insights of Boart Longyear

  • Total Rounds 2
  • Last Round Post-IPO β€” $1.09M
  • First Round $15.96M

    (Sep 2009)

All 2 funding rounds of Boart Longyear with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2015$1.09MPost-IPO––
–
Sep 2009$15.96MPost-IPO––
–
Valuation history

3 investors in total: 3 institutional.

Investors in Boart Longyear

Boart Longyear has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Bain Capital Private Equity, Advent International and American Industrial Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on multiple sectors
adventinternational.comSao Paulo, Brazil
Private investment firm managing assets and expanding into equity, credit, and real estate services.
1984baincapitalprivateequity.comLondon, United Kingdom
Control investments are made in middle-market industrial businesses.
americanindustrial.comNew York, United States
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Investor details for Boart Longyear

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  • Complete investor list
  • Round participation
  • Investor portfolios
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People of Boart Longyear

156 people are tracked at Boart Longyear (20 in leadership, 6 in board & advisors, 130 in team); the tracked headcount is 953.

NameRoleGroup
Christoph Freund
Vice President Corporate HR ServicesLeadership
Thomas Heinemann
Vice President E&i Tooling & ManufacturingLeadership
Duncan Groves
VP Diamond Bits & Product ManagementLeadership
Kristian Drivdahl
Vice President EngineeringLeadership
Denis Despres
COOLeadership
Melissa Lefebvre
Human Resources Business PartnerLeadership
Guillaume Dubuy
VP Operations Drilling ServicesLeadership
Amy Christensen
Vice President Human ResourcesLeadership
Roger C.
Vice President Of Information Technology / CIOLeadership
Hadeya Jiddou
Senior Supply Chain Business Partner (fwa)Leadership
Atul Manjul
Vice President, Strategy And Operational ExcellenceLeadership
James Brown
Business Partner Supply Chain R/c DrillingLeadership
Heather McGregor
Human Resources Business PartnerLeadership
Ermanno Simonutti
President - Drilling ProductsLeadership
Jarrett Campbell
Regional DirectorLeadership
Robert Titensor
Head Of Tax Drilling ServicesLeadership
Srini Alagarsamy
Director. Oracle Applications And Global SystemsLeadership
Greg Jarvis
Global SIOP DirectorLeadership
Ken Reid
Regional Director Drilling Services APACLeadership
Dalia Mora
HR Business PartnerLeadership

136 more people are available in the full profile.

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Complete people profiles for Boart Longyear

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Boart Longyear

6 dated milestones of Boart Longyear across 133 years, from founding to its latest funding, stage changes and deals.

  1. Founded Boart Longyear is founded.
  2. Exit Acquired by Advent International.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding First funding round of $16.0M.
  5. Funding Latest funding round, Post-IPO, of $1.1M.
  6. Exit Acquired by American Industrial Partners.

Web traffic of Boart Longyear

The website of Boart Longyear (boartlongyear.com) receives about 26.1K visits a month.

  • Monthly visits
    26.1K

    ▲ 26.5% vs previous month

Similar websites

Websites whose visitors overlap most with Boart Longyear. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
driller.com
driller.com
100%
–
higrig.com
higrig.com
96%
–
ausdrill.com.au
93%
5.2K#4,089,137View details
simcodrill.com
92%
#7,775,801View details
geoprobe.com
geoprobe.com
88%
#1,427,733–
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 25 similar websites and full traffic analytics for Boart Longyear

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  • 25 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Boart Longyear

Boart Longyear was founded in 1890 and raised its 1st funding round 119 years after it was founded.

Boart Longyear is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Boart Longyear has 953 employees.

Boart Longyear was founded in 1890 and is headquartered in Salt Lake City, United States. Operations center on providing drilling services and equipment to the energy, mining, and exploration industries. Performance tooling, such as drill rods, diamond bits, wireline core extraction systems, and overburden tools, is distributed. Focus areas include mine dewatering, oil sands exploration, and production drilling across global sites.

Boart Longyear has 3 investors. Key investors include Bain Capital Private Equity, Advent International, and American Industrial Partners.

Yes. Boart Longyear was acquired by Advent International in June 2005.

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