Previan acquires Pavemetrics, expands diagnostic solutions offering

Previan, formerly known as Eddyfi/NDT, acquired Pavemetrics, a leading digital vision systems provider for transportation infrastructure inspection. The acquisition, valued at an undisclosed amount, was completed on July 25, 2022, with the support of Investissement Québec and Fonds de Solidarité FTQ.

Pavemetrics became a standalone business unit within Previan, joining other units such as Dynamic Risk, Eddyfi Technologies, and NDT Global. It now operates within Previan’s Diagnostic and Remote Monitoring Technologies segment, complementing the group's diagnostic solutions offering?.

Martin Thériault, CEO of Previan, expressed his enthusiasm for the acquisition, highlighting the alignment between Pavemetrics’ technology and Previan’s strategic interests. Richard Habel, CEO of Pavemetrics, welcomed the opportunity to join Previan while maintaining the company's Quebec roots.

The acquisition was legally advised by McCarthy Tétrault for Previan and Fasken for Pavametrics.

Merger & Acquisition
Transportation
Undisclosed/Confidential
Closed
25 July 2022