M&A Deal Summary

ZenaTech Acquires Wallace Surveying

On April 3, 2025, ZenaTech acquired business services company Wallace Surveying from Landtec Surveying and LienLandtec Surveying and Lien

Acquisition Highlights
  • This is ZenaTech’s 1st transaction in the Business Services sector.
  • This is ZenaTech’s 7th transaction in the United States.
  • This is ZenaTech’s 2nd transaction in Florida.

M&A Deal Summary

Date 2025-04-03
Target Wallace Surveying
Sector Business Services
Buyer(s) ZenaTech
Sellers(s) Landtec Surveying and LienLandtec Surveying and Lien
Deal Type Add-on Acquisition

Target

Wallace Surveying

West Palm Beach, Florida, United States
Wallace Surveying is a commercial surveying firm that provides construction and land development surveys, delivering accurate and reliable data that supports project planning and design for developers, contractors, engineers, and architectural customers. Wallace Surveying is based in West Palm Beach, Florida.

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Buyer(S) 1

Buyer

ZenaTech

Toronto, Ontario, Canada

Category Company
Founded 2017
Sector Information Technology
Employees11
Revenue 2M CAD (2023)
DESCRIPTION

ZenaTech is a technology company specializing in AI drone solutions and enterprise SaaS solutions for mission-critical business applications. The company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and field service processes. The company operates through six offices in North America, Europe, and UAE, and a growing global partner network. ZenaTech was founded in 2017 and is based in Toronto, Canada.


DEAL STATS #
Overall 8 of 9
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 8 of 9
State (Florida) 2 of 3
Country (United States) 7 of 8
Year (2025) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-18 Othership

London, United Kingdom

Othership is a workspaces and collaborative workplace software company providing workplace scheduling and management solutions to remote-first businesses and individuals. Othership was formed in 2018 and is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-10 Miller Land Surveying

Lake Worth, Florida, United States

Miller Land Surveying is a land survey and mapping company. Miller Land Surveying was founded in 1963 and is based in Lake Worth, Florida.

Buy -

Seller(S) 1

SELLER

Landtec Surveying and LienLandtec Surveying and Lien

Deerfield Beach, Florida, United States

Category Company
Sector Business Services
DESCRIPTION

Landtec Surveying and Lien is a land surveying company specializes in boundary law and serves clients throughout Florida. Landtec Surveying and Lien is based in Deerfield Beach, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 Wallace Surveying

West Palm Beach, Florida, United States

Wallace Surveying is a commercial surveying firm that provides construction and land development surveys, delivering accurate and reliable data that supports project planning and design for developers, contractors, engineers, and architectural customers. Wallace Surveying is based in West Palm Beach, Florida.

Buy -