M&A Deal Summary

InnovaSea Systems Acquires Amirix Systems

On November 30, 2017, InnovaSea Systems acquired electrical equipment company Amirix Systems

Acquisition Highlights
  • This is InnovaSea Systems’ 1st transaction in the Electrical Equipment sector.
  • This is InnovaSea Systems’ 1st transaction in Canada.
  • This is InnovaSea Systems’ 1st transaction in New Brunswick.

M&A Deal Summary
Date 2017-11-30
Target Amirix Systems
Sector Electrical Equipment
Buyer(s) InnovaSea Systems
Deal Type Add-on Acquisition

Target

Amirix Systems

Halifax, New Brunswick, Canada
website
Amirix Systems, Inc. is a provider of custom embedded systems and electronics design services to help companies develop new products and enhance existing ones. Amirix design solutions, numbering over 500, can be found in defense, aerospace, medical and communications applications.

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Buyer(S) 1

Buyer

InnovaSea Systems

Bainbridge Island, Washington, United States

website

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

InnovaSea Systems, Inc. is a designer and manufacturer of innovative, fully integrated commercial open-ocean aquaculture systems. InnovaSea supports open-ocean fish farming by designing and producing advanced, environmentally-focused sustainable technologies and service solutions for the industry.

DEAL STATS #
Overall 1 of 3
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (New Brunswick) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 Nortek Akvakultur

Laksevåg, Norway

Nortek Akvakultur is a technology company with focus on ocean current and wave measurements. Nortek Akvakultur was founded in 2014 and is based in Laksevåg, Norway.

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