M&A Deal Summary

Previan Acquires Zetec

On August 10, 2021, Previan acquired electronics company Zetec from Roper Technologies

Acquisition Highlights
  • This is Previan’s 1st transaction in the Electronics sector.
  • This is Previan’s 1st transaction in the United States.
  • This is Previan’s 1st transaction in Washington.

M&A Deal Summary

Date 2021-08-10
Target Zetec
Sector Electronics
Buyer(s) Previan
Sellers(s) Roper Technologies
Deal Type Divestiture

Target

Zetec

Snoqualmie, Washington, United States
Zetec provides nondestructive testing (NDT) solutions for the critical inspection needs of industries the world counts on every day including Power Generation, Oil, and Gas, Aerospace, Automotive, Maritime, Military, Rail, and Manufacturing. The company has advanced NDT standards and science that protect customers’ most important assets and ensure the quality of their products, processes, and services. Zetec was formed in 1968 and is based in Snoqualmie, Washington.

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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 3 of 5
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 2
Year (2021) 3 of 3
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Pavemetrics

Québec, Quebec, Canada

Pavemetrics is a digital vision system for transportation infrastructure inspection solutions that helps infrastructure managers optimize their maintenance strategies and budgets. Pavemetrics contribute to improving safety and equipment performance by enabling rapid and accurate automated condition assessments of transportation infrastructure. Pavemetrics was founded in 2009 and is based in Québec City.

Buy -

Seller(S) 1

SELLER

Roper Technologies

Sarasota, Florida, United States

Category Company
Founded 1981
Sector Information Technology
Employees16,800
Revenue 6.2B USD (2023)
DESCRIPTION

Roper Technologies is a diversified technology company. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Roper Technologies was founded in 1981 and is based in Sarasota, Florida.


DEAL STATS #
Overall 3 of 4
Sector (Electronics) 1 of 1
Type (Divestiture) 3 of 4
State (Washington) 1 of 1
Country (United States) 3 of 4
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-13 Vertafore

Denver, Colorado, United States

Vertafore, Inc. is a cloud-based software that provides agency management, compliance, workflow, and data solutions that simplify and automate the complex property and casualty (“P&C”) insurance lifecycle. More than 20,000 agencies and 1,000 insurance carriers rely on Vertafore to streamline their processes, improve efficiency, and drive productivity. Vertafore, Inc. was founded in 1969 and is based in Denver, Colorado.

Buy $5.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-22 Civco Radiotherapy

Orange City, Iowa, United States

Civco Radiotherapy is focused on developing, manufacturing, and providing high-quality, innovative, patient-centric solutions in radiotherapy. These solutions include advanced patient immobilization and positioning hardware and consumables, fiducial markers, couchtops and overlays, software, patient care products, and advanced 6DOF robotic patient positioning. Civco Radiotherapy was formed in 1982 and is based in Orange City, Iowa.

Sell $120M