M&A Deal Summary

Previan Technologies Acquires Sensor Networks

On May 25, 2023, Previan Technologies acquired technology hardware company Sensor Networks

Acquisition Highlights
  • This is Previan Technologies’ 3rd transaction in the Technology Hardware sector.
  • This is Previan Technologies’ 3rd transaction in the United States.
  • This is Previan Technologies’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2023-05-25
Target Sensor Networks
Sector Technology Hardware
Buyer(s) Previan Technologies
Deal Type Add-on Acquisition

Target

Sensor Networks

State College, Pennsylvania, United States
Sensor Networks is a technology company that specializes in Non-Destructive Testing (NDT). With dozens of experts and hundreds of years of combined NDT experience, SNI helps customers inspect their assets safely and cost-effectively. Sensor Networks was founded in 2014 and is based in State College, Pennsylvania.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 13 of 13
Sector: Technology Hardware M&A 3 of 3
Type: Add-on Acquisition M&A Deals 11 of 11
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS 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 -