About the Business

A specialist manufacturer of underground mining survey and sensing technology in New South Wales is offered for acquisition by Expressions of Interest. The business holds a defensible IP position in a niche where only two credible players operate, with hardware deployed in active production across tier-one underground mining operations in Australia and internationally.

KEY HIGHLIGHTS:
- Defensible IP position: patent-pending portfolio (AU, CA) covering proprietary downhole sensing methods; US application allowed and progressing to grant. Proprietary manufacturing know-how built across two decades.
- Niche market position: credible alternative to the established incumbent in a category with only two real players; clear consolidation logic for a strategic acquirer.
- Tier-one deployment validation: purpose-built hardware in active commercial deployment across tier-one underground mining operations in Australia and internationally.
- A$800K Australian revenue: with a continued growth trajectory from the FY23 baseline.
- Channel and distribution: multi-year partnership with an established Asia-Pacific distributor, supplementing direct international sales.
- Compact, transferable team: 2 FTEs and 4 specialist contractors. Founder approaching transition with a structured handover envisaged.
- Heritage: Australian company founded in 2014; originally founded in Canada in 2006.

MARKET CONTEXT

The underground mining survey and sensing market is in a structural growth phase, driven by rising demand for critical minerals and the technical complexity of accessing deeper, narrower, and harder-to-survey orebodies. This creates a structural tailwind for hardware manufacturers with proven deployment track records and established channel partnerships.

PREMISES

The business operates from a leased manufacturing facility in New South Wales.

SUITABILITY

This acquisition is positioned for a strategic acquirer in mining technology, geospatial hardware, or mine-modelling software seeking proprietary downhole sensing capability and Asia-Pacific channel reach. It is also relevant to a corporate or private equity buyer attracted to a defensible niche manufacturing platform with an international customer base, or an operating buyer with the capacity to scale production behind existing demand.

Broker: Gregory Anderson
ref: NSW12203
Phone: +61 402 991 255
Email: [email protected]

Broker: Tiernan Lean
ref: NSW12203
Mobile: +61 403 368 913
Email: [email protected]

Note that some details of the business for sale are confidential, and disclosure is