Crescent sells Australia's GroundProbe to Orica
Australia's Crescent Capital Partners has sold domestic mining services technology supplier GroundProbe to explosives and blasting equipment company Orica for A$205 million ($157 million).
Crescent acquired 100% of the company in 2010 for an undisclosed sum. It is unclear if the GP will retain a minority stake as part of the exit. The transaction is expected to be finalized in the first...
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