Challenger Geomatics Ltd.

Challenger Geomatics Ltd. has acquired Sub-Arctic Surveys Ltd.

Industry:

Professional and Technical Services

Challenger Geomatics Ltd. has acquired Sub-Arctic Surveys Ltd. MNP Corporate Finance Inc. provided transaction advisory services to Challenger Geomatics Ltd.

Transaction Brief

This transaction will enhance the breadth of services and expertise that Sub-Artic Surveys Ltd. (Sub-Artic) can deliver to their clients. It also enables the owner to implement his succession strategy while ensuring the continued success of the business.

Sub-Arctic is a leading, professional survey firm, with headquarters in Yellowknife, NWT and a seasonal field office in Iqaluit, Nunavut. Since 1992, Sub-Arctic has provided quality survey and geomatics services for a wide range of projects in both capitals and across the Canadian North. Sub-Arctic has an excellent history of managing the relationships, logistics and delivery of survey and geomatics services for projects in nearly every community and region in the Canadian North.

Challenger Geomatics Ltd. is one of the most diverse geomatics companies in Canada. Incorporated in 1984, Challenger has grown to distinguish itself as a leading, innovative, multi-disciplinary, engineering and geomatics company operating throughout Western Canada.