M&A Deal Summary

Anova Acquires Independent Technologies

On August 6, 2018, Anova acquired information technology company Independent Technologies

Acquisition Highlights
  • This is Anova’s 2nd transaction in the Information Technology sector.
  • This is Anova’s 1st transaction in the United States.
  • This is Anova’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2018-08-06
Target Independent Technologies
Sector Information Technology
Buyer(s) Anova
Deal Type Add-on Acquisition

Target

Independent Technologies

Blair, Nebraska, United States
Independent Technologies LLC is a diversified provider of hardware, software, and services to the telecommunications, oil & gas, and power industries. Its brands include Enertrac, Wintel, and Sheyenne Dakota.

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Buyer(S) 1

Buyer

Anova

New Providence, New Jersey, United States
Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Anova engages in providing remote tank monitoring solutions for the industrial gas market, serving over 300 customers in more than 65 countries. The company offers a complete monitoring solution, including a proprietary online monitoring platform that tracks a variety of metrics such as tank level, pressure, and temperature. Anova was founded in 1989 and is based in New Providence, New Jersey.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 Wikon

Kaiserslautern, Germany

Wikon GmbH designs, builds, installs and supports end-to-end IIoT solutions across industries and around the world. WIKON is an international specialist for industrial communication solutions. Therefor WIKON is ranking among the most experienced companies in Europe in this segment. With 30 employees and many distrubition partners the Kaiserslautern (Germany) based company continuously develops Machine2Machine products, based on the latest in communication technology and its standards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Intelligent Sensing Anywhere S.A.

Coimbra, Portugal

Intelligent Sensing Anywhere, S.A. specializes in Telemetry, Internet of Things (IoT) and Remote Monitoring solutions for Oil & Gas industry. Intelligent Sensing Anywhere was formed in 1990 and is based in Coimbra, Portugal.

Buy -
Mergr

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