Kalibrate Technologies Acquires Kent Group

MANCHESTER, UK - FEBRUARY 4, 2019


Kalibrate Technologies Ltd has acquired the Canadian fuel price information and services provider Kent Group Ltd.

Kalibrate offers fuel pricing, location planning, market data and traffic count data solutions in more than 70 countries with clients that include oil companies, convenience stores and supermarkets.

Founded nearly 50 years ago, Kent Group Ltd., London, Ontario, provides marketing economics, performance measurement and benchmarking; price/margin reporting/analysis and regulation; and industry economic research and analysis to a client base that includes petroleum marketers, government and regulatory agencies, industry associations, and large-volume petroleum buyers. These include Husky Energy, Imperial Oil, Parkland Fuel Corp. and Irving Oil.

Kent Group will continue operating as an independent company in Canada but will provide Kalibrate’s complete solutions to its customers. Meanwhile, Kalibrate will offer Kent’s analysis, benchmarking and consultancy services to its entire North American customer base.

The combination of Kent Group with Kalibrate allows us to offer even more effective and valuable services to fuel and convenience retailers across the whole North American market,” said Gary McIlraith, CEO of Kalibrate, Manchester, U.K. “Retail operators now have a one-stop shop for the leading fuel pricing, network planning, data, and insight solutions in Canada.”

About Kalibrate Technologies Limited

Kalibrate is a technology company whose software platform provides microlocal data and insight for retail and service-based organizations of all sizes. Building on decades of experience, we aggregate and analyze location intelligence and pricing data in real time to help these organizations make better decisions. Through our platform and our consulting services, organizations can identify opportunities, understand risks and get to a point of certainty on strategic investments at both an international and local scale.

https://kalibrate.com/

About Hanover Investors

Hanover Investors is a specialist investor that operates in under-analysed and illiquid markets. We combine analytical rigour and flexibility in execution which allows for a repeatable model of successful investment selection. A deep understanding of a company's operational and strategic context is at the centre of our investment process, refined over decades of hands-on management of small to mid-size organisations. We influence the main levers of value creation of an investment, providing our portfolio with access to proven “playbooks” and a Hanover bench of specialists. This approach has delivered a market leading record of returns for over 20 years. Hanover is headquartered in the UK but operates companies with activities across the globe.

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Investor Relations team: ir@hanoverinv.com

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