Rovsing Dynamics A/S has been acquired by GP Strategies Corporation
Rovsing Dynamics A/S has been acquired by GP Strategies Corporation, a global performance improvement solutions provider. The transaction involves all operating assets of Rovsing Dynamics' as well as the company's' contract backlog and personnel. Financial terms of this transaction have not been disclosed.
Rovsing Dynamics provides vibration condition monitoring hardware and software, enabling operators of rotating machinery to manage downtime by early fault detection.
By this acquisition, GP Strategies adds a new office in Copenhagen, Denmark, retaining Rovsing Dynamics' business and technical personnel. GP Strategies augments its EtaPRO Performance & Condition Monitoring System by adding on-line predictive vibration condition monitoring and diagnostics using Rovsing Dynamics' OPENpredictor and AutoDiagnosis applications. GP Strategies also extends its global performance engineering reach into Russia, Brazil and China for the oil and gas, maritime and wind power industry services.
"The addition of the Rovsing Dynamics technologies completes a trifecta of performance and condition monitoring technologies to include vibration, thermodynamics and predictive analytics. While each of these technologies is powerful in its own right, combining the three provides a more complete picture of the health of a machine or process," said Richard DesJardins, Vice President of GP Strategies' Energy Services Group. "Joining GP Strategies provides opportunities for offering OPENpredictor to their clients and allows us to broaden our offering to include EtaPRO technologies," said Thea Larsen, CEO of Rovsing Dynamics. "Customers will benefit from a combined four decades of performance and condition monitoring experience and expertise gained by the two companies."
Oaklins' team in Denmark advised the seller in this transaction.
Talk to the deal team
Ecorobotix has completed a fundraising
Ecorobotix has raised US$52 million. The new capital will enable the company to grow into new markets, expand its product range and build on the existing commercial success of ARA in Europe.Learn more
Synergyc has been acquired by One Equity Partners (OEP) via its platform entity Kirey Group
One Equity Partners (OEP) has completed the simultaneous acquisition of Kirey Group and Synergyc with the clear goal to create a Pan-European IT Service champion.Learn more
Perfion has been acquired by Boyum IT
Perfion has been acquired by Boyum IT, a portfolio company of Volpi Capital. This acquisition enables Boyum IT to offer Microsoft-based software solutions and further strengthen its position as a one-stop shop software provider.Learn more