Corporate Finance Associates Advises 3D-P in Acquisition by Epiroc
CFA Exclusive Advisor to 3D-P
Los Angeles, CA - June 28, 2021 - Corporate Finance Associates Worldwide (CFAW), a leading international middle-market mergers and acquisitions advisory firm, announced it has assisted with the recent acquisition of 3D-P by Epiroc.
Founded in 1996 by a team of mining executives , 3D-P provides reliable wireless connectivity solutions for mining companies within surface mining. A robust wireless network is crucial to enable mining automation, including teleremote and autonomous operations. 3D-P is active in North America, Chile, Peru, and Australia.
Epiroc is a global productivity and sustainability partner for the mining and infrastructure industries.
Epiroc acquired the shares of 3D-P in a private transaction. The terms were not disclosed. Investment banker representation was provided by the Dallas office of Corporate Finance Associates, led by Dan Vermeire and Terry Fick. When asked about the transaction, Mr. Vermeire commented, "We are very pleased to have supported this transaction of two world-class companies. The Covid-19 pandemic added some challenges to the M&A process, but by working together, we achieved success.