Go to deals
TMT

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.

Parties

Talk to the deal team

Daniel Sand

Partner
Copenhagen, Denmark
Oaklins Beierholm

Related deals

Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media
TMT

Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media

Kalmbach Media, a leading independent media company that provides ideas and inspiration to avid hobbyists, enthusiasts and citizen scientists through its multichannel brands, has sold its railroad and space enthusiast brands, including Trains, Model Railroader, Classic Toy Trains, Classic Trains, Garden Railways, Trains.com, Astronomy, FineScale Modeler and Kalmbach Books, to Firecrown Media, one of the leading transportation media providers serving the aviation, boating and logistics sectors.

Learn more
Dania Software has been acquired by Omnidocs
Private Equity | TMT

Dania Software has been acquired by Omnidocs

The owners of Dania Software A/S have sold the company to Omnidocs.

Learn more
Goldbach Group AG has sold dreifive AG
TMT

Goldbach Group AG has sold dreifive AG

Goldbach Group AG has sold dreifive AG to the existing management.

Learn more