Previan Launches Strategic Realignment for Eddyfi Technologies and NDT Global
Deal News | Jun 05, 2025 | CDPQ
Previan, a leading industrial technology group, is undertaking a strategic realignment to establish Eddyfi Technologies and NDT Global as independent entities. This transformative initiative aims to unlock potential and foster growth within each unit. Previan's CEO, Martin Thriault, highlights the importance of independence for the innovation and strategic growth of the separate entities. Novacap becomes a key shareholder of NDT Global with additional investment, while CDPQ continues to support Previans's ambitions. By 2025, Eddyfi Technologies and NDT Global are expected to operate autonomously, enhancing agility, market focus, and opportunities for stakeholders.
Sectors
- Industrial Technology
- Private Equity
- Non-destructive Testing (NDT)
Geography
- Canada – Previan, CDPQ, and Novacap are key participants rooted in the Canadian market, and the article discusses the impact on the Québec technology ecosystem.
Industry
- Industrial Technology – The article focuses on Eddyfi Technologies and NDT Global operating as independent industrial technology leaders, highlighting operational agility and innovation.
- Private Equity – The investments from Novacap and CDPQ are significant as they underscore private equity's role in shaping strategic initiatives for growth and innovation.
- Non-destructive Testing (NDT) – The technological focus and end markets of Eddyfi Technologies and NDT Global are based in non-destructive testing, a key industry discussed in the article.
Financials
- Not Specified – The article does not specify exact financial figures related to investments or valuations.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Previan | Parent Company | Company | The parent company initiating the strategic realignment for its units Eddyfi Technologies and NDT Global. |
| Eddyfi Technologies | Target Company | Company | A unit of Previan being established as an independent industrial technology leader. |
| NDT Global | Target Company | Company | A unit of Previan being spun off as an independent company focused on non-destructive testing. |
| CDPQ | Investor | Company | A private equity firm continuing its investment in Eddyfi Technologies and NDT Global, supporting their growth and innovation. |
| Novacap | Investor | Company | A private equity firm increasing its stake in NDT Global and maintaining its investment in Eddyfi Technologies. |
| Martin Thriault | CEO of Previan | Person | CEO of Previan, announcing and leading the strategic realignment initiative. |
| David Lewin | Lead Senior Partner at Novacap | Person | Represents Novacap's position and investment strategy in the strategic realignment. |
| Kim Thomassin | Executive Vice-President and Head of Québec at CDPQ | Person | Key executive from CDPQ commenting on their continued support for Previan. |