Previan

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Previan - overview

Established

2009

Location

Quebec City, -, Canada

Primary Industry

Electronics

About

Previan specializes in advanced diagnostic technologies that enhance the monitoring and health assessment of critical infrastructure across various industries, ensuring reliability and safety. Founded in 2009 and headquartered in Quebec City, Canada, Previan is focused on delivering high-quality diagnostic services for critical infrastructure. The company was established to meet the growing demand for innovative solutions in the Non-Destructive Testing (NDT) sector. It has not undergone any significant pivots or changes in its core operations since its inception.


The founder's background information is not available. Previan specializes in advanced diagnostic technologies designed to improve the monitoring and health assessment of critical infrastructure across various industries. The company operates through two main platforms, Eddyfi Technologies and NDT Global, which utilize groundbreaking Non-Destructive Testing (NDT) techniques, sensors, robotics, and advanced analytics software. These innovations focus on delivering fault detection, data analysis, and actionable insights that benefit asset owners, large engineering firms, and service companies globally.


Previan’s solutions are utilized in diverse markets, including Aerospace, Civil Infrastructure, Energy, Mining, Power Generation, and Rail, thereby serving a broad client base across over 110 countries. The technologies developed aim to enhance safety, operational efficiency, and sustainability, making them pivotal in industries where the integrity of infrastructure is critical. Previan’s revenue model is structured around providing advanced diagnostic services and technologies to its diverse clientele. Transactions typically occur through business-to-business (B2B) engagements, where engineering firms and asset owners procure services or products on a contractual basis.


Flagship services may include subscription-based access to software analytics and diagnostic tools, as well as tailored inspection services with specific deliverables. Each client’s engagement can vary in scope and duration, reflecting the complexity of infrastructure needs. The company's products and services are designed to deliver measurable value, thus fostering long-term partnerships with clients that require ongoing support and expertise in monitoring their critical assets. Previan is focused on designing and launching new products aimed at enhancing its diagnostic capabilities.


The specific release dates are currently not disclosed. The company plans to expand into new geographic regions, particularly targeting emerging markets in Asia and South America by 2025. Recent funding will be strategically utilized to support the development of these new products and to facilitate the geographic expansion efforts.


Primary Industry

Electronics

Sub Industries

Electronic Components

Website

www.previan.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Previan - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Corporate Carve Out, Secondary BuyoutCompletedNDT Global Corporate Ltd.-

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