Investment Summary

FLIR Systems Invests In Providence Photonics

On December 3, 2019, FLIR Systems invested in software company Providence Photonics

Investment Highlights
  • This is FLIR Systems’ 2nd transaction in the Software sector.
  • This is FLIR Systems’ 16th transaction in the United States.
  • This is FLIR Systems’ 1st transaction in Louisiana.

Investment Summary
Date 2019-12-03
Target Providence Photonics
Sector Software
Investor(s) FLIR Systems
Deal Type Stake Purchase

Target

Providence Photonics

Baton Rouge, Louisiana, United States
Providence Photonics LLC is a developer of advanced software used to quantify invisible gas emissions using FLIR Optical Gas Imaging (OGI) cameras. Providence Photonics specializes in the development and utilization of advanced technology in the field of optical gas imaging while tackling some of the industry’s most challenging environmental and safety problems. Using patented technology, advanced computer vision techniques, and state-of-the-art infrared imagers, they create solutions for several applications, including leak quantification, leak survey validation, autonomous remote leak detection, and flare combustion efficiency monitoring.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

FLIR Systems

Wilsonville, Oregon, United States
Category Company
Founded 1978
Sector Electronics
Employees4,265
Revenue 1.9B USD (2019)
DESCRIPTION

FLIR Systems is a maker of sensor systems that enhance perception and heighten awareness. FLIR Systems leverages thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection. FLIR Systems was formed in 1978 and is based in Wilsonville, Oregon.

DEAL STATS #
Overall 26 of 26
Sector (Software) 2 of 2
Type (Stake Purchase) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 16 of 16
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-02 Aria Insights

Danvers, Massachusetts, United States

Aria Insights, Inc. is a developer of advanced unmanned aerial vehicles. Aria Insights fuses information across a team of intelligent aerial robots to transform data into actionable insights. Aria Insights, Inc. was founded in 2008 and is based in Danvers, Massachusetts.

Buy -
Mergr

Product

Company

Legal