Orica to acquire Terra Insights from Vance Street Capital for $377m.

Orica, a mining and infrastructure solutions provider, agreed to acquire Terra Insights, a cloud data delivery platform, from Vance Street Capital, a Los Angeles-based private equity firm, for $377m. "Terra exemplifies Vance Street's strategy of partnering with best-in-class highly engineered solutions providers and leveraging our operating partner network to execute on the Vance Street Value Creation Playbook. CEO Mark Price and the Terra team have done an exceptional job of executing on the strategy, taking niche hardware solutions and transforming Terra into one of the leading innovative sensors and data delivery technology providers for geotechnical, structural and geospatial monitoring in mining and infrastructure. We want to thank the Terra team for their hard work and great partnership over the past six years," Brian Martin, Vance Street Capital Managing Partner.