CALGARY,
AB, July 17, 2024 /PRNewswire/ -- Detechtion
Technologies, a leading asset-performance management solution
provider based in Canada and the
U.S., has announced the acquisition of EZ Ops, a Calgary-based company specializing in field
operations and logistics management software solutions for the Oil
and Gas industry. EZ Ops' field service management solution
leverages AI-driven intelligence to prioritize field activities,
maximize production, and ensure compliance. The acquisition of EZ
Ops enhances Detechtion's existing presence in field service
management, complementing its Fieldlink product, which serves
producers and oilfield service companies in inspection,
maintenance, chemical management, water hauling, and HSE
activities.
Detechtion, an asset-performance management
solution provider acquires EZ Ops, a field operations management
company
This acquisition by Detechtion, a Resurgens Technology Partners
portfolio company, addresses the growing need for field service
management solutions that utilize data and AI capabilities,
equipping operations teams with the visibility and insights
required to prioritize field activities and make the labor force
more productive. By uniting Detechtion's expertise in monitoring,
controlling, and optimizing Oil and Gas asset performance with EZ
Ops' innovative technology, the acquisition creates a best-in-class
product suite designed to maximize production, extend asset life,
reduce operating costs, and improve safety in the field.
"EZ Ops' field service and logistics capabilities are integrated
into an AI-driven mobile solution, delivering a unique opportunity
to innovate for our customers," says Chris
Smith, CEO of Detechtion. "EZ Ops not only provides a
cutting-edge product for field operations management but also
extends AI-driven technology to our existing solutions, offering
significant value to both current and future customers."
In partnership with Resurgens, Detechtion evaluated
numerous field service management solutions and believes EZ Ops
offers the most unique and differentiated products in the segment.
"We are thrilled to join the Detechtion team," says Brandon Ambrose, CEO and Founder of EZ Ops. "As
we continue to grow, we understand that a diverse set of solutions
will provide greater value to our customers. Detechtion's solutions
complement our offerings and together we can now offer one of the
most robust solutions for the Oil and Gas industry."
Following the acquisition, Brandon will take on the role of
Strategic Advisor for the combined company while Chris Smith will continue as CEO of the combined
company. For more information about EZ Ops or Detechtion,
visit their websites at ezops.ca and detechtion.com.
About Detechtion Technologies: Established in 1999,
Detechtion Technologies is a leader in real-time asset performance
management solutions for energy companies. Built on a foundation of
subject matter expertise, digital twins, and data analytics, their
solutions enable customers to operate more sustainably while
increasing productivity and reducing costs. By utilizing
Detechtion's rapidly deployed cloud solutions to connect and manage
tens of thousands of remote assets and processes worldwide, our
customers save millions annually. Visit them at
www.detechtion.com
About EZ Ops: EZ Ops equips oil and gas operations teams
with the tools to focus on the top priorities for producing the
cleanest and most profitable hydrocarbons in the world. The
technology is the industry's most advanced cloud-based operations
platform, utilizing machine learning and AI to guide upstream oil
and gas producers in reducing OPEX and emissions, positioning EZ
Ops as leaders in the modern energy industry. Learn more at
www.ezops.ca
About Resurgens Technology Partners: Resurgens Technology
Partners is a technology-focused private equity firm investing in
North American and select European lower middle-market application
and IT infrastructure software businesses. Resurgens' growing team
offers a diversity of investing, operating and talent management
experience, applying an active and engaged value creation approach
with each portfolio company. Resurgens is headquartered in
Atlanta, with additional
professionals located in Austin,
London, and Silicon Valley. For
more information, please visit www.resurgenstech.com.
Media Contact:
Timothy Lozier
tlozier@detechtion.com
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SOURCE Detechtion Technologies