On June 6, 2018, Battery Ventures, a global technology investment company, entered into an agreement for its process measurement platform, Process Sensing Technologies (PST), to acquire LDetek, a global manufacturer of gas chromatography instruments and online analyzers. The terms of the LDetek transaction have not been disclosed.
LDetek, based in Thetford Mines, will work alongside existing process detection technology businesses such as Michell Instruments, Analytical Industries and Rotronic. LDetek’s expertise complements the other activities in PST’s portfolio and will enable PST to offer a comprehensive solution across key applications.
Founded in 2009, LDetek now has a significant global footprint. The company uses proprietary Plasma Emission Detector (PED) technology to provide highly sensitive measurement capabilities to customers in industries such as specialty gases, semiconductors, labs and environmental monitoring.
Fasken’s team, made up of Stéphane Lalancette, Sébastien Roy, David Turgeon, Laurence Déry and Olivier Fortier advised LDetek inc. and its shareholders in this transaction.
Client Work
LDetek is joining Battery Ventures’ Process Sensing Technologies group
Fasken
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Overview
Overview
Team
Team
- Stéphane Lalancette, Partner, Québec, QC, +1 418 640 2035, slalancette@fasken.com
- Sébastien Roy, Partner | Trademark Agent, Québec, QC, +1 418 640 2073, sroy@fasken.com
- David Turgeon, PhD, Partner | Patent Agent | Leader, Intellectual Property, Montréal, QC | Québec, QC, +1 514 397 5222, dturgeon@fasken.com
- Laurence Déry, Partner, Québec, QC, +1 418 640 2003, ldery@fasken.com
