Aeris Technologies, a leading provider of laser-based gas analyzers and leak detection systems, has been acquired by Project Canary, a Denver-based climate-tech and environmental assessment company.

Based in Hayward, California, Aeris provides analyzers that use cutting-edge laser-based technology that identifies a variety of dangerous GHGs such as ethane, nitrous oxide, formaldehyde, ethylene oxide, benzene, and more.  The acquisition expands the ability to support environmental data analytics and emission profiles beyond the oil and gas sector, ushering in the Measurement Economy.

EC M&A acted as financial and strategic advisor to Aeris in connection with its sale.