M&A Deal Summary

IHS Acquires LogTech Canada

On September 2, 2009, IHS acquired internet software and services company LogTech Canada for 3M CAD

Acquisition Highlights
  • This is IHS’s 1st transaction in the Internet Software and Services sector.
  • This is IHS’s 19th largest (disclosed) transaction.
  • This is IHS’s 2nd transaction in Canada.
  • This is IHS’s 2nd transaction in Alberta.

M&A Deal Summary

Date 2009-09-02
Target LogTech Canada
Sector Internet Software and Services
Buyer(s) IHS
Deal Type Add-on Acquisition
Deal Value 3M CAD

Target

LogTech Canada

Calgary, Alberta, Canada
LogTech Canada Ltd. is a provider in the development of pragmatic and cost-effective software solutions, services and digital log data for the petroleum industry.

Search 200,500 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

Buyer(S) 1

Buyer

IHS

Englewood, Colorado, United States

Category Company
Founded 1959
Sector Information Technology
Employees9,000
Revenue 2.2B USD (2015)
DESCRIPTION

IHS is a source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments rely on the content, expert independent analysis and flexible delivery methods of IHS to make decisions and develop strategies with speed and confidence. IHS was established in 1959 and is headquartered in Englewood, Colorado.


DEAL STATS #
Overall 13 of 54
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 13 of 49
State (Alberta) 2 of 3
Country (Canada) 2 of 6
Year (2009) 1 of 2
Size (of disclosed) 19 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-13 Global Insight

United States

Global Insight, Inc. is a global economic information, analysis and consulting services to corporations, financial institutions and governments. Global Insight provides analyses and forecasts that take into account political, economic, legal, tax, operational and security factors to advice on issues that affect competitive positions, investment strategies and policy positions.

Buy $165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-17 Environmental Support Solutions

Tempe, Arizona, United States

Environmental Support Solutions, Inc. is a provider of environmental compliance and operational risk management software solutions to Fortune 1000 enterprises across multiple vertical markets such as energy/power and manufacturing.

Buy $59M