M&A Deal Summary

Detechtion Technologies Acquires EZ Ops

On July 17, 2024, Detechtion Technologies acquired software company EZ Ops

Acquisition Highlights
  • This is Detechtion Technologies’ 1st transaction in the Software sector.
  • This is Detechtion Technologies’ 1st transaction in Canada.
  • This is Detechtion Technologies’ 1st transaction in Alberta.

M&A Deal Summary

Date 2024-07-17
Target EZ Ops
Sector Software
Buyer(s) Detechtion Technologies
Deal Type Add-on Acquisition

Target

EZ Ops

Valleyview, Alberta, Canada
EZ Ops equips oil and gas operations teams to focus on the top priorities for action to produce the cleanest and most profitable hydrocarbons in the world. EZ Ops operations intelligence platform provides complete capabilities to optimize production, maintenance, compliance, and third-party vendor relationships. EZ Ops was launched in 2013 and is based in Valleyview, Alberta.

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Buyer(S) 1

Buyer

Detechtion Technologies

Houston, Texas, United States

Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Detechtion Technologies is a provider of performance optimization and fleet management technology for natural gas compression fleets. Detechtion leads the digital transformation and optimization of natural gas compression, oilfield chemicals, and other production operations with Asset Performance Management (APM), Industrial Internet of Things (IIoT), and Mobile solutions. Detechtion Technologies was founded in 1999 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1