Positive Direction Overview

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Positive Direction General Information

Description

Developer of oil-drilling technology. The company has developed and patented a measurement-while-drilling system for use on oil-drilling rigs.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Rr 2 stn main
  • Okotoks, Alberta T1S 1A2
  • Canada
Primary Industry
Oil and Gas Equipment
Other Industries
Machinery (B2B)
Acquirer
BlackWatch Energy Services
Vertical(s)
Corporate Office
  • Rr 2 stn main
  • Okotoks, Alberta T1S 1A2
  • Canada

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Positive Direction Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Positive Direction Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Positive Direction FAQs

  • Where is Positive Direction headquartered?

    Positive Direction is headquartered in Okotoks, Canada.

  • What industry is Positive Direction in?

    Positive Direction’s primary industry is Oil and Gas Equipment.

  • Is Positive Direction a private or public company?

    Positive Direction is a Private company.

  • What is the current valuation of Positive Direction?

    The current valuation of Positive Direction is 00000.

  • What is Positive Direction’s current revenue?

    The current revenue for Positive Direction is 000000.

  • Who are Positive Direction’s investors?

    Absolute Energy Solutions has invested in Positive Direction.

  • When was Positive Direction acquired?

    Positive Direction was acquired on 14-May-2010.

  • Who acquired Positive Direction?

    Positive Direction was acquired by BlackWatch Energy Services.

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