Add-on Acquisition • Machinery

Raven Acquires Dot Technology

On October 31, 2019, Raven acquired machinery company Dot Technology

Acquisition Context
  • This is Raven’s 1st transaction in the Machinery sector.
  • This is Raven’s 1st transaction in Canada.
  • This is Raven’s 1st transaction in Saskatchewan.

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M&A Deal Summary

Date October 31, 2019
Target Dot Technology
Sector Machinery
Buyer(s) Raven
Deal Type Add-on Acquisition

Target Company

Dot Technology

Emerald Park, Saskatchewan, Canada
Dot Technology Corp. is a patented autonomous diesel-powered platform that is U-shaped and ready to accept any implement that has been adapted to be Dot ready. Dot Technology Corp. was formed in 2017 and is based in Emerald Park, Saskatchewan.
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Buyer Overview 1

Buyer

Raven

Sioux Falls, South Dakota, United States

Category Company
Founded 1956
Sector Manufacturing
Revenue 348M USD (2021)
DESCRIPTION

Raven Industries is a designer and manufacturer of flexible films and sheeting. Raven is a provider of highly engineered polymer films and sheeting for agriculture, construction, geomembrane, and industrial applications. Raven was founded in 1956 and is based in Sioux Falls, South Dakota.


Deal Context for Buyer #
Overall 4 of 5
Sector: Machinery 1 of 1
Type: Add-on Acquisition 4 of 4
State: Saskatchewan 1 of 1
Country: Canada 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-22 Colorado Lining International

Parker, Colorado, United States

Colorado Lining International, Inc. is a full service geosynthetics contractor offering factory expert geomembrane fabrication and installation under one roof. CLI offers assistance in flexible membrane liner selection, coating material selection, fabrication techniques and design/build installation. By taking a site-specific approach to geomembrane and liner selection, clients can rest assured the material will fit the application and will be fabricated and installed by trained and certified crews.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Jaybridge Robotics - Intellectual Property Portfolio

Cambridge, Massachusetts, United States

Jaybridge Robotics' Intellectual Property Portfolio provides significant and critical patents for technology directly related to path-planning, obstacle detection and avoidance, and multi-machine control systems.

Buy -