M&A Deal Summary

EZ Ops Acquires Drift Technological

On May 9, 2022, EZ Ops acquired information technology company Drift Technological

Acquisition Highlights
  • This is EZ Ops’ 1st transaction in the Information Technology sector.
  • This is EZ Ops’ 2nd transaction in Canada.
  • This is EZ Ops’ 2nd transaction in Alberta.

M&A Deal Summary
Date 2022-05-09
Target Drift Technological
Sector Information Technology
Buyer(s) EZ Ops
Deal Type Add-on Acquisition

Target

Drift Technological

Calgary, Alberta, Canada
Drift technology optimizes oil and gas fluid management with real-time fluid tracking, cost monitoring, and analytics to empower producers with data-driven guidance. Drift Technological was launched in 2018 and is headquartered in Calgary, Alberta.

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Buyer(S) 1

Buyer

EZ Ops

Valleyview, Alberta, Canada
Category Company
Founded 2013
Sector Software
DESCRIPTION

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.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Alberta) 2 of 2
Country (Canada) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 Payload

Calgary, Alberta, Canada

Payload is a cloud-based solution to digitize field tickets and regulatory manifests. By connecting the field to the office in real-time clients using PAYLOAD gain greater visibility into their entire business cycle. Payload is headquartered in Calgary, Alberta.

Buy -
Mergr

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