Add-on Acquisition • Information Technology

Gensource Potash Acquires Innovare Technologies

On April 13, 2022, Gensource Potash acquired information technology company Innovare Technologies

Acquisition Context

This is Gensource Potash’s 1st transaction in the Information Technology sector.
This is Gensource Potash’s 1st transaction in Canada.
This is Gensource Potash’s 1st transaction in Saskatchewan.

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M&A Deal Summary
Date	April 13, 2022
Target	Innovare Technologies
Sector	Information Technology
Buyer(s)	Gensource Potash
Deal Type	Add-on Acquisition

Target Company

Innovare Technologies

Carlyle, Saskatchewan, Canada

Innovare Technologies is specializes in drilling, solution mining and processing technologies for potash and other soluble mineral mining projects. Innovare Technologies is based in Carlyle, Saskatchewan.

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Buyer Overview 1

Buyer

Gensource Potash

Saskatoon, Saskatchewan, Canada

Category	Company
Sector	Chemicals

DESCRIPTION

Gensource Potash is a fertilizer development company focused on sustainable potash production. Gensource Potash is based in Saskatoon, Saskatchewan.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Saskatchewan	1 of 1
Country: Canada	1 of 1
Year: 2022	1 of 1

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