M&A Deal Summary

Innova Global Acquires Express Integrated Technologies - Liquidated Intellectual Property Assets

On February 7, 2017, Innova Global acquired information technology company Express Integrated Technologies - Liquidated Intellectual Property Assets from Express Integrated Technologies

Acquisition Highlights
  • This is Innova Global’s 1st transaction in the Information Technology sector.
  • This is Innova Global’s 1st transaction in the United States.
  • This is Innova Global’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2017-02-07
Target Express Integrated Technologies - Liquidated Intellectual Property Assets
Sector Information Technology
Buyer(s) Innova Global
Sellers(s) Express Integrated Technologies
Deal Type Divestiture

Target

Express Integrated Technologies - Liquidated Intellectual Property Assets

Tulsa, Oklahoma, United States
Express Integrated Technologies LLC - Liquidated Intellectual Property Assets is a provider of IT services in US.

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Buyer(S) 1

Buyer

Innova Global

Calgary, Alberta, Canada

Category Company
Sector Engineering
DESCRIPTION

Innova Global Ltd. is a provider of acoustical consulting, noise abatement technology and gas-turbine auxiliary products for power generation, oil and gas, petrochemical and other industrial sites.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Oklahoma) 1 of 2
Country (United States) 1 of 2
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-12 Braden Manufacturing

Tulsa, Oklahoma, United States

Braden Manufacturing LLC is an international leader in the power generation industry for the design, manufacture, installation and retrofit of auxiliary equipment for gas turbines including filter houses, inlet cooling systems, anti-icing systems, intake silencers, expansion joints, diverter dampers, exhaust silencers, exhaust stacks and Selective Catalytic Reduction systems.

Buy -

Seller(S) 1

SELLER

Express Integrated Technologies

Tulsa, Oklahoma, United States

Category Company
Founded 2000
Sector Manufacturing
DESCRIPTION

Express Integrated Technologies is a manufacturer engaged in the engineering, design and fabrication of heat transfer, environmental compliance, and sound suppression equipment.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1