Cattaneo Corporate Finance has advised Geovista on its cross-border merger with Mission Critical Group.
UK-based Geovista has merged with Mission Critical Group of Perth, Western Australia, in a deal which combines MCG’s advanced driller-operated geophysics instruments with Geovista’s extensive global expertise in borehole logging.
By integrating Geovista’s proven systems with MCG’s instruments, the combined group offers a broad portfolio of high-precision tools designed to improve accuracy and efficiency in resource exploration around the world. The merged group, which will be branded as Geovista, expands Geovista’s global footprint and strengthens local support – MCG’s Perth office will provide manufacturing, servicing, and technical assistance to customers across mining, groundwater, geotechnical, and environmental sectors.
Joining Geovista’s existing directors, Seghir Messamah and Mamdouh Barazi, are MCG’s Tim Hopper, who becomes Geovista’s Chief Technology Officer, and Brenton Armitage, who becomes General Manager for the APAC region.
The Cattaneo team advised Geovista on the merger process from initial discussions to the negotiation and agreement of detailed transaction terms encompassing the two groups of shareholders working together as a single entity post-transaction and the project management of the cross-border due diligence and legal processes.
Wilkes (Rick Smyth, Alex Lakeland-Reed) provided legal advice to Geovista, supported by Perth-based Dominion Legal, while MCG was advised by Blackwall Legal, also of Perth, Australia.
Seghir Messamah, Chairman of Geovista, commented:
“Geovista has a rich history of innovation and, culturally, MCG is a great fit. The addition of MCG’s management team and product offerings will help strengthen Geovista as we look towards significant growth over the next few years. We are grateful for the support of Cattaneo who guided us through unfamiliar territory, helping us understand and negotiate the complexities of the transaction.”
Tim Hopper added:
“MCG is thrilled to join forces with Geovista. As a young and dynamic company, this partnership accelerates our path to market, allowing faster introduction of our innovative products. We deeply respect Geovista’s long-standing reputation and are proud to contribute to their future growth.”
Martyn Pilley, who led the transaction for Cattaneo, commented:
“Merger transactions present their own challenges as two businesses and shareholder groups come together but the ethos of all parties was closely aligned and we are pleased to have played a part in bringing this exciting transaction to fruition.”