M&A Deal Summary

Previan Technologies Acquires M2M

On May 7, 2018, Previan Technologies acquired test/measurement equipment company M2M

Acquisition Highlights
  • This is Previan Technologies’ 5th transaction in the Test/Measurement Equipment sector.
  • This is Previan Technologies’ 1st transaction in France.

M&A Deal Summary

Date 2018-05-07
Target M2M
Sector Test/Measurement Equipment
Buyer(s) Previan Technologies
Deal Type Add-on Acquisition

Target

M2M

Paris, France
M2M is a renowned developer and manufacturer of phased array ultrasonic testing (PAUT) instruments for NDT.

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Buyer(S) 1

Buyer

Previan Technologies

Quebec, Quebec, Canada

Category Company
Founded 2009
Sector Test/Measurement Equipment
DESCRIPTION

Previan Technologies is specialized in the development of equipment and software used to detect cracks, corrosion and other anomalies on different types of structures. Its advanced non-destructive testing (NDT) technologies – meaning no damage is caused to the asset being inspected – are used for the inspection of critical components in industries such as power generation, petrochemicals and aerospace. Previan Technologies was founded in 2009 and is based in Quebec, Quebec.


DEAL STATS #
Overall 5 of 13
Sector: Test/Measurement Equipment M&A 5 of 6
Type: Add-on Acquisition M&A Deals 5 of 11
Country: France M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 The Welding Institute

Cambridge, United Kingdom

The Welding Institute (TWI) developed, manufactured, and commercialized the Teletest Focus guided wave NDT system for the past 20 years. The Teletest technology uses long-range guided wave ultrasonic testing to detect corrosion in pipes and pipelines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-05 Inuktun Services

Nanaimo, British Columbia, Canada

Inuktun Services Ltd. is a well-known developer and manufacturer of remotely operated crawlers and camera systems. Inuktun offers robotic systems that bridge the gap between NDT inspectors and the physical world, helping customers see the unseen and safely go beyond physical inspection limitations.

Buy -