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
Related deals
Niscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreFairfest Media has acquired WTE Miami
Fairfest Media, organizer of OTM, the leading travel show in Asia, has acquired WTE Miami, the fastest-growing travel trade show in the USA. The acquisition marks a significant milestone in Fairfest’s global expansion, strengthening its presence in the Americas and beyond by leveraging decades of experience and leadership in Asia and India.
Learn moreMo has been acquired by UKG
UKG Inc., an American HR technology company, has acquired Mo, a UK-based employee engagement platform previously owned by Calculus Capital. The acquisition forms part of UKG’s strategy to expand its employee engagement and recognition capabilities, with Mo’s technology now embedded within UKG Beacon, an AI-powered platform that integrates recognition with workforce analytics to help businesses improve employee engagement and retention.
Learn more