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  6. Project Canary Acquires Aeris Technologies

M&A Deal Summary

Project Canary Acquires Aeris Technologies

On March 24, 2022, Project Canary acquired business services company Aeris Technologies

Acquisition Highlights
  • This is Project Canary’s 1st transaction in the Business Services sector.
  • This is Project Canary’s 1st transaction in the United States.
  • This is Project Canary’s 1st transaction in California.

M&A Deal Summary
Date 2022-03-24
Target Aeris Technologies
Sector Business Services
Buyer(s) Project Canary
Deal Type Add-on Acquisition

Target

Aeris Technologies

Hayward, California, United States
Aeris Technologies is a laser-based gas analyzer solutions company that provides laser-based gas analyzers and leak detection systems. Aeris Technologies quantifies greenhouse gas emissions, atmospheric pollutants, and natural gas leaks and has developed and commercialized state-of-the-art laser-based gas analyzers. Aeris Technologies is based in Hayward, California.

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Buyer(S) 1

Buyer

Project Canary

Denver, Colorado, United States
Category Company
Founded 2019
Sector Internet Software and Services
DESCRIPTION

Project Canary is a SaaS-based data analytics company focused on accurate corporate climate ESG data for emission-intensive industrial companies. Project Canary scores responsible operations, delivering independent emission profiles via high-fidelity continuous monitoring technology to provide actionable environmental performance data. Project Canary was founded in 2019 and is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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