# Epiroc to acquire Yieldpoint Inc.

Epiroc has agreed to acquire Yieldpoint Inc., a Canadian company providing advanced ground support solutions for mining and civil engineering. Yieldpoint is based in Kingston, Ontario, and has about 10 employees.

- Type: Acquisition
- Announced: 2024-05-28
- Where: Kingston, Ontario, Canada
- Status: announced
- Products: digital geotechnical instruments, ground movement sensors, telemetry solutions
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Epiroc](https://endata.com/companies/12991.md) (acquirer)
- [Yieldpoint Inc.](https://endata.com/companies/77672.md) (target)

## Sources

- [epirocgroup.com](https://www.epirocgroup.com/en/media/corporate-press-releases/2024/20240528-epiroc-to-acquire-canadian-ground-support-business), 2024-05-28: "Proper ground support is crucial to safe mining and infrastructure operations."
- [news.cision.com](https://news.cision.com/epiroc/r/epiroc-to-acquire-canadian-ground-support-business,c3988878), 2024-05-28: "Yieldpoint's smart and robust monitoring solutions complement our ground support offering well, and expand our portfolio of digital solutions."
- [heavyequipmentguide.ca](https://www.heavyequipmentguide.ca/article/41870/epiroc-acquires-canadian-digital-geotechnical-instrument-manufacturer-yieldpoint), 2024-05-28: "Proper ground support is crucial to safe mining and infrastructure operations."
- [blg.com](https://www.blg.com/en/about-us/deals-and-suits/2024/06/epiroc-completes-acquisition-of-yieldpoint-inc), 2024-06-01: "Epiroc, a leading productivity and sustainability partner for the mining and construction industries, completed the acquisition of the business of Yieldpoint Inc."
- [equipmentjournal.com](https://www.equipmentjournal.com/construction-news/epiroc-acquires-kingston-ontario-based-yieldpoint/), 2024-06-17: "Epiroc has completed its acquisition of Yieldpoint, a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications."
- [mondaq.com](https://www.mondaq.com/pressrelease/141628/epiroc-completes-acquisition-of-yieldpoint-inc), 2024-06-21: "On June 17, 3024, Epiroc, a leading productivity and sustainability partner for the mining and construction industries, completed the acquisition of the business of Yieldpoint Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.