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Generational Group Advises VARA 3D, Inc. in its Sale to ZenaTech, Inc.
Businesswire· 2026-01-27 16:29
Core Insights - The acquisition of VARA 3D, Inc. by ZenaTech, Inc. was completed on December 16, 2025, marking a strategic expansion for ZenaTech into the solar energy sector [1][5]. Company Overview - VARA 3D, Inc., based in Murray, Utah, specializes in land surveying, 3D mapping, and solar energy projects, serving a diverse range of recurring clients [2]. - ZenaTech, Inc., headquartered in Toronto, Canada, focuses on AI drone technology, Drone as a Service (DaaS), and Quantum Computing solutions, with a strong presence in various sectors including law enforcement, government, and agriculture [3]. Strategic Implications - The acquisition is expected to enhance ZenaTech's service capabilities and accelerate its entry into a high-growth market, particularly in solar infrastructure inspection and maintenance [5]. - ZenaTech's CEO highlighted the efficiency gains from using drones for solar farm inspections, which can significantly reduce the time required for monitoring large areas [5]. Generational Group's Role - Generational Group acted as the M&A advisory firm for this transaction, successfully closing the deal with a team led by Lori Galloway and supported by other key executives [4]. - Generational Group has a strong track record, having closed over 1,800 transactions and being recognized as a leading M&A advisory firm in recent years [6][7].