Broker News: Family Office Invests In The Drill Doctors

Sector: Import, Wholesale, Distribution, Parts & Service

Lloyds Corporate Brokers has completed the Equity Investment into of a highly successful and much sought after Mining Services business company with a Blue-Chip customer base.

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Drill Doctors Australia Pty Ltd is an Australian-owned company founded in 2009.  It is one of only a few service providers in Australia for aftermarket spares, service and innovation for blast hole drills.  

Drill Doctors Australia has a loyal range of major customers such as BHP, Glencore, Yancoal and Rio Tinto in Australia and overseas.  Their product range has been designed to bring customers quality OEM products that are suitable to the requirements of the project and their service to be friendly, efficient without compromise. The Business has performed well over the years showing with continuous growth.

The Equity Investment follows an intense and highly successful marketing campaign that resulted in 77 local and International qualified enquires and 5 offers on the table.

The Equity sale was conducted by Garry Stephensen Lloyds Managing Director who, through using the proven Lloyds Corporate Brokers Business Sales Process, in conjunction with the application of target marketing, produced some spirited offers which was able to achieve a pleasing result for both Vendor and Buyer.  

View our track record of business sales.

If you own a business in the Import/Wholesale, Mining Services sectors, talk with Lloyds Brokers for advice on how to buy or sell a business, contact the experts at Lloyds Business Brokers, Australia's Industry Leading Business Broker on 1300 366 943.

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