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Detechtion Technologies Receives Investment from Element Partners
Green Technology Featured Articles
November 25, 2013

Detechtion Technologies Receives Investment from Element Partners

By Calvin Azuri
TMCnet Contributor

Detechtion Technologies has received a huge investment from Element Partners. The investment will enable Detechtion to enhance its operational efficiencies to deliver better services to its customers. The company’s fleet management and performance optimization technologies are used by 15 of the top 25 natural gas producers in North America.


Detechtion Technologies also announced significant additions to its Senior Management by onboarding Chris Smith and Gerry Conroy to the team. Smith will join the company as President and Chief Executive Officer replacing the company founder Brian Taylor, who will move on as the Chairman of the Board of Directors. Conroy will take up the new role in the capacity of Senior Vice President for Products and Portfolio while Andrew Miles will retain his role as the Senior Vice President of Operations.

Brain Taylor said, “Our team has built a tremendous company over the past 15 years. We have achieved this by setting high standards for technical competence, product innovation and customer service. We are excited to team up with partners that share those values – Chris, Gerry, and the Element team will help develop Detechtion through the next stage in its evolution.”

Detechtion’s flagship software, Enalysis, provides for strategic enhancement of natural gas throughput while significantly cutting down on maintenance and fuel costs, all the time complying with the environment. The company’s optimization and monitoring services are utilized by nearly 20 percent of North America’s active compression horsepower.

Speaking of the investment in Detechtion Technologies, Michael DeRosa, managing director at Element Partners, said, “We are thrilled to be partnering with Detechtion Technologies. We have enjoyed getting to know Brian and the Detechtion team over the past few years and have been impressed with their record of providing algorithm-based recommendations and fleet management technology to the oil and gas industry. We firmly believe that Detechtion has significant growth potential through broadening its product offering and expanding further into the U.S. market.”

Detechtion Technologies is engaged in providing fleet management services and compression optimization technologies for the natural gas industry. Element Partners is a growth equity fund with interests in energy and environmental sectors.




Edited by Alisen Downey


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