M&A Deal Summary

Previan Acquires Dynamic Risk

On March 31, 2021, Previan acquired business services company Dynamic Risk

Acquisition Highlights
  • This is Previan’s 1st transaction in the Business Services sector.
  • This is Previan’s 1st transaction in Canada.
  • This is Previan’s 1st transaction in Alberta.

M&A Deal Summary

Date 2021-03-31
Target Dynamic Risk
Sector Business Services
Buyer(s) Previan
Deal Type Add-on Acquisition
Advisor(s) RBC Capital Markets (Financial)
Dentons (Legal)

Target

Dynamic Risk

Calgary, Alberta, Canada
Dynamic Risk is an operator of innovative solutions for the safe and efficient delivery of energy resources, and the only provider to effectively utilize both qualitative and quantitative risk analysis across the complete energy supply chain. The company partners with operators across the Transmission, Midstream, Upstream, and Gas Utility industries to avoid pipeline failures through complete lifecycle risk management, and enables clients to achieve optimal business, safety, and environmental performance while meeting compliance objectives and achieve a goal of zero incidents. The company provides best-in-class pipeline systems modeling software which proactively identifies threats and consequences, assesses time-to-failure, and analyzes mitigative options, as well as domain expertise for asset risk advisory services to ensure safe, reliable, and efficient operations. Dynamic Risk was founded in 1996 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Previan

Quebec, Quebec, Canada

Category Company
Founded 2009
Sector Information Technology
Employees1,200
DESCRIPTION

Previan is an operator of a private industrial technology group focused on advanced diagnostic technologies to monitor the world’s infrastructure health. The Group serves asset owners, large engineering firms, and service companies globally in markets such as Aerospace, Civil Infrastructure, Energy, Mining, Power Generation, and Rail. Previan was founded in 2009 and is based in Quebec City.


DEAL STATS #
Overall 1 of 5
Sector (Business Services) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2021) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Senceive

London, United Kingdom

Senceive is design, manufacturer of wireless condition monitoring technology. Senceive was founded in 2005 and is based in London, United Kingdom.

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