HHS Drilling & Blasting Ltd.
Cassiar Partners (GP) Ltd. has acquired HHS Drilling & Blasting Ltd.
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Cassiar Partners (GP) Ltd. has acquired HHS Drilling & Blasting Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to HHS Drilling & Blasting Ltd. in structuring and negotiating this transaction.
Transaction Brief
This transaction allowed the shareholders of HHS Drilling and Blasting Ltd. (HHS) to implement their succession strategy while ensuring the continued growth and success of HHS.
Headquartered in Victoria, British Columbia and founded in 1994, HHS is a leading drilling and blasting contractor. HHS’ highly experienced team, proven operating processes, and comprehensive fleet of drilling and blasting equipment allow the company to successfully undertake drilling projects of all difficulties and sizes throughout Vancouver Island.
Cassiar Partners (GP) Ltd. (Cassiar Partners) is an entrepreneurial investment firm that acquires and takes a hands-on approach to driving growth of Canadian businesses with $1.0 million to $15.0 million in EBITDA. Principally focused on acquiring businesses from transitioning owners, Cassiar Partners ensures a firm foundation for continued success. Cassiar Partners was founded in 2020 and is based in Toronto, Ontario.