Boart Longyear

Boart Longyear, founded in 1890 and headquartered in Salt Lake City, Utah, is the world's largest global provider of drilling services to the mining industry and a manufacturer of drilling equipment and performance tooling. The company supports exploration and production mining of copper, gold, nickel, zinc, uranium, and other minerals, and operates Veracio, an early-stage digital business focused on ore-body mapping using proprietary equipment and AI tools. Boart Longyear was taken private by American Industrial Partners in April 2024 following a court-approved plan of arrangement.

Company Facts

  • Headquarters: Salt Lake City, United States
  • Founded: 1890
  • Employees: 3,800
  • Type: mature
  • Website: https://www.boartlongyear.com
  • Industries: Metals & Mining, Drilling Services, Industrial Equipment

Key People at Boart Longyear

  • John Barbagallo — Chairman
  • Cary Baetz — Chief Financial Officer
  • Denis Despres — Chief Operating Officer & CEO, Drilling Services

Investors & Owners

  • American Industrial Partners

Recent Transactions

  • American Industrial Partners Take-Private Acquisition of Boart Longyear