Measurand Instruments Inc.
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Measurand Instruments Inc. - overview
Established
1993
Location
Fredericton, NB, Canada
Primary Industry
Business Support Services
About
Measurand Instruments Inc. specializes in geotechnical monitoring solutions with the innovative ShapeArray™ technology, enabling precise monitoring of soil and structural deformation across critical infrastructure, enhancing operational efficiency and data accuracy. Founded in 1993 and headquartered in Fredericton, Canada, Measurand designs and manufactures specialized monitoring instruments. The company has remained focused on developing geotechnical solutions without major pivots in its operational strategy.
In March 2019, Measurand merged with RST Instruments Ltd. to form Terra Insights, consolidating their market presence. The company has engaged in 2 notable funding deals since inception, highlighting its investment potential. Measurand specializes in the design and manufacture of ShapeArray™, a geotechnical monitoring solution that automates the process of detecting soil and structural deformations in infrastructures such as dams, tunnels, and buildings.
ShapeArray™ is known for its operational efficiency, collecting data in 75% less time than traditional systems while providing up to eight times the spatial resolution. It serves a diverse clientele including engineers, geotechnical professionals, and construction firms across sectors like mining, urban construction, and geohazards, with customers in North America, Europe, and Asia. Measurand generates revenue primarily through direct business-to-business transactions focused on the sale of ShapeArray™ and its related accessories and data acquisition systems. These transactions often involve one-time purchases of ShapeArray™ units and potential service contracts for support and software updates.
The pricing for their offerings reflects the advanced technology inherent in their products, tailored to meet the operational needs of various sectors, including mining and urban construction. Specific pricing details are structured to match the complexity of client projects. Following the merger in March 2019, Measurand aims to leverage its expanded capabilities to introduce new products designed for enhanced geotechnical monitoring. It plans to enter new markets, specifically targeting increased presence in Asia and Europe by 2024.
Recent funding will be utilized to support these innovations and market expansions, allowing for greater reach and efficiency in service delivery.
Current Investors
Terra Insights
Primary Industry
Business Support Services
Sub Industries
Engineering
Website
www.measurand.com
Verticals
Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
Measurand Instruments Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Measurand Instruments Inc., RST Instruments Ltd. | - | ||||||||
| Buyout | Completed | Measurand Instruments Inc. | - |
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Measurand Instruments Inc. - employee data
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