Implicit Monitoring Solutions acquired by M2M Data Corporation
January 2011 – England & Company served as the financial advisor to Implicit Monitoring Solutions, L.P. (“Implicit”), a leading provider of asset performance and control monitoring services, in its acquisition by M2M Data Corporation (“M2M”), a leader in advanced remote monitoring services for oil and gas markets.
With the acquisition of Implicit’s flagship IntellisiteTM application and Right SmartTM hardware, the foremost oil and gas electronic flow meter (EFM) monitoring solution is now part of M2M. The new assets will operate under the M2M RMS brand, & M2M customers will have Best Path CommunicationTM options of radio, cellular, or satellite to capture remote asset data and augment existing SCADA deployments.
Focused on the information needs of exploration, production, transportation, and leasing companies, M2M helps operations managers utilize manpower resources, keep up with production demand, meet contractual obligations, and maximize capital equipment return on investment.