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SAExploration acquires Terrex Seismic, enhancing reach

Sep 01, 20255 days ago

Acquiring Company

SAExploration Holdings

Acquired Company

Terrex Seismic

StaffordBrisbaneEnergyMining

Description

SAExploration Holdings, Inc. has finalized the acquisition of Terrex Seismic, Australia's premier seismic contractor. This acquisition reestablishes SAE's presence in the Australian market and enhances Terrex's capabilities with global support. Both companies share a mutual commitment to innovation and safety in seismic exploration. Terrex will retain its name and continue delivering trusted services to its clients.

Company Information

Company

SAExploration Holdings

Location

Stafford, Texas, United States

About

SAExploration offers a full range of geophysical ground acquisition services from design, prospecting, drilling, recording and analysis of field quality, as well as mobilization and demobilization of camps, environmental assessment, community relations and logistics services. SAExploration also offers marine geophysical acquisition services, specialized in ocean floor seismic (OBS) with capacities ranging from tidal zones, transition zones, shallow and deep waters and operating depths of 3,450 meters.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed