M&A Deal Summary

Averna Acquires Mindready Solutions

On February 27, 2008, Averna acquired test/measurement equipment company Mindready Solutions

Acquisition Highlights
  • This is Averna’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Averna’s 1st transaction in Canada.
  • This is Averna’s 1st transaction in Quebec.

M&A Deal Summary
Date 2008-02-27
Target Mindready Solutions
Sector Test/Measurement Equipment
Buyer(s) Averna
Deal Type Add-on Acquisition

Target

Mindready Solutions

Saint-Laurent, Quebec, Canada
Mindready Solutions, Inc. is a test solution provider.

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Buyer(S) 1

Buyer

Averna

Montreal, Quebec, Canada
Category Company
Founded 1999
Sector Electronics
DESCRIPTION

Averna is a manufacturing solution provider for communications and electronics device-makers worldwide, helping them deliver a better end-user customer experience. Key Averna clients in the communications, aerospace, defense, automotive, consumer electronics, and medical device industries use Proligent, RF Test instruments, and other test solutions to accelerate product development, reduce manufacturing costs, achieve superior quality throughout the lifecycle, and solve critical supply-chain issues. It has offices around the world as well as a network of partners such as JOT Automation, Keysight Technologies, and National Instruments. Averna was founded in 1999 and is based in Montreal, Quebec.

DEAL STATS #
Overall 1 of 8
Sector (Test/Measurement Equipment) 1 of 6
Type (Add-on Acquisition) 1 of 6
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2008) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-16 DAQTron

Roswell, Georgia, United States

DAQTron, Inc. is a provider in the design and implementation of test systems for communications OEMs.

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