Like Mobiliz

closed 3/20/2020 via BNC Analysis

GPS Bulgaria, acquired Mobiliz

synopsis: Turkish private equity firm Mediterra Private Equity sold its portfolio company Mobiliz Information and Communication Technologies Inc. to GPS Bulgaria. Mobiliz provides telematics solutions for vehicle tracking, mobile video recording and camera tracking.
buyer: GPS Bulgaria
GPS Bulgaria is a leading Bulgarian provider of technologically advanced GPS/GSM based solutions for fleet management, vehicle security, personal tracking, monitoring of ships and railway vehicles, as well as other specialized solutions for businesses in Bulgaria. "
target parent: Mediterra Capital
target: Mobiliz
Founded in 2004, Mobiliz is one of the two biggest players in Turkish fleet telematics industry. Fleet telematics services allow companies to better manage their fleet in terms of driver, vehicle and operational management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2020 via Company Press Release

Microlise Ltd., acquired TruTac

synopsis: Microlise, a telematics and transport management solutions provider in the UK, has acquired TruTac, the leading UK provider of fleet compliance and management software for Heavy Goods Vehicles (HGVs) and Public Service Vehicles (PSVs). TruTac offers web-based solutions for tachograph analysis, compliance reporting, time and attendance, and more.
buyer: Microlise Ltd.
Microlise is a telematics and transport management solutions provider in the UK. Microlise provides telematics, real-time journey management and proof of delivery solutions to streamline processes, maximise utilisation and strengthen customer engagement. "
target: TruTac
TruTac is the leading UK provider of fleet compliance and management software for Heavy Goods Vehicles (HGVs) and Public Service Vehicles (PSVs). TruTac offers web-based solutions for tachograph analysis, compliance reporting, time and attendance, vehicle inspections, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/10/2020 via PR Newswire

Smith System, acquired Driver's Alert

synopsis: Smith System Driver Improvement Institute, Inc., a portfolio company of Levine Leichtman Capital Partners, has acquired Driver's Alert, LLC.  Driver's Alert provides fleet safety management solutions that combine real-time driver observation, comprehensive online safety training, and data management and risk identification tools.
buyer parent: Levine Leichtman Capital Partners Inc.
buyer: Smith System
Founded in 1952, Smith System is a trusted leading provider of safety training solutions for large commercial fleets and midstream pipeline operators, helping its customers reduce costs associated with negative operating behaviors and comply with stringent regulations. "
target: Driver's Alert
Driver's Alert provides fleet safety management solutions that combine real-time driver observation (via vehicle telematics and decal programs), comprehensive online safety training, and data management and risk identification tools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via Company Press Release

CalAmp Corp., acquired Synovia Solutions

synopsis: CalAmp, a technology solutions pioneer transforming the global connected economy, has acquired Synovia Solutions, a North American market leader in fleet safety and management for K-12 school bus and government fleets. Synovia Solutions offers a cloud-based fleet management system that helps their customers to enhance safety and improve service.
buyer: CalAmp Corp. (CAMP:$241.26)
CalAmp is a telematics pioneer leading transformation in the connected vehicle and Industrial Internet of Machines marketplace. Their software apps, scalable cloud services, and intelligent devices collect and assess business-critical data from mobile assets, cargo, companies, cities and people. "
target: Synovia Solutions
Synovia Solutions is a North American market leader in fleet safety and management for K-12 school bus and state and local government fleets. Synovia Solutions offers a cloud-based fleet management system that helps their customers to increase savings, enhance safety, and improve service.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via BNC Analysis

Keyfuels, acquired r2c Online Limited

synopsis: Fuel card provider Keyfuels has announced that it has completed the acquisition of r2c Online Ltd, the fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
buyer parent: FleetCor Technologies, Inc.
buyer: Keyfuels
Keyfuels is the leading provider of fuel cards and fuel management solutions to commercial vehicle operators, managing billions of litres of diesel for some of Europe’s largest logistics and freight operators. Keyfuels is also supported by 25 resellers. "
target: r2c Online Limited
r2c Online Ltd is a fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/13/2019 via GlobeNewswire

I.D. Systems, Inc., will acquire Pointer Telocation Ltd.

synopsis: I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial IoT technology, is to acquire Pointer Telocation Ltd., a leading provider of telematics and mobile IoT solutions.
buyer: I.D. Systems, Inc. (IDSY:$53.06)
I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, and cargo. "
target: Pointer Telocation Ltd. (CM:PNTR:$77.79)
Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Fleet Management, Mobile Asset Management, Stolen Vehicle Recovery, Vehicle Diagnosis and a comprehensive solution in the field of Internet of Things.
price ($mm)[EV]
$138 [$134]
rev ($mm)
$78
EBITDA ($mm)
$13
EV / rev
1.7x
EV / EBITDA
10.6x
announced 1/22/2019 via BusinessWire

Bridgestone Europe NV/SA, will acquire TomTom Telematics

synopsis: Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation in EMEA, has entered into an agreement to acquire TomTom Telematics, a business unit of TomTom dedicated to fleet management and vehicle telematics.
buyer parent: Bridgestone
buyer: Bridgestone Europe NV/SA
Bridgestone Europe (BSEU) is a key regional subsidiary of Tokyo-based Bridgestone Corporation, the world’s largest manufacturer of tires and other rubber products. They’re brilliant chemists, engineers and data scientists with some of Europe’s most advanced factories and world-beating technology. "
target parent: TomTom NV
target: TomTom Telematics
TomTom Telematics is a business unit of TomTom dedicated to fleet management and vehicle telematics. Their WEBFLEET platform is a Software-as-a-Service solution – used by small to large businesses to improve vehicle performance, safe fuel, support drivers and increase overall fleet efficiency.
price ($mm)[EV]
$1,045 [$1,040]
rev ($mm)
$197
EBITDA ($mm)
EV / rev
5.3x
EV / EBITDA
closed 12/5/2018 via Company Press Release

project44, acquired GateHouse Logistics

synopsis: project44, a leading advanced visibility platform for shippers and third-party logistic firms announced the acquisition of GateHouse Logistics. GateHouse Logistics is a logistics and supply chain management company providing their independent cloud-based data sharing device called ghTrack.
buyer: project44
project44 is a advanced visibility platform for shippers and third-party logistics firms. Their cloud-based platform, organizations are able to increase operational efficiencies, reduce costs, improve shipping performance, and deliver an exceptional Amazon-like experience to their customers. "
target: GateHouse Logistics
GateHouse Logistics is the brand owner of ghTrack, a completely neutral and independent cloud-based data sharing service. It transforms data from all diverse telematics systems into one logical data stream that can be easily integrated into any business system.
price ($mm)
rev ($mm)
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closed 10/17/2018 via PR Newswire

Trimble, acquired Veltec

synopsis: Trimble announced that it has acquired privately-held Veltec, a fleet management provider that delivers solutions to transportation companies to improve safety and reduce operational costs. Veltec is headquartered in Londrina, Brazil.
buyer: Trimble (TRMB:$3,264.30)
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. "
target: Veltec
Veltec is a leading fleet mobility provider, developing technologies that improve safety and reduce operational costs. Based in Londrina, Brazil, Veltec serves more than 900 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/27/2018 via Company Press Release

Viasat Group, acquired Trackit Consulting

synopsis: The European Telematics Company Viasat Group announced the acquisition of 60% of the Portuguese TRACKiT Consulting. TRACKiT provides fleet management software which includes a web portal that allows users to check the activity and history of vehicles in real time.
buyer: Viasat Group
Viasat Group is a European excellence in satellite security systems that integrate the most modern telematic technologies and IoT to ensure complete security for the vehicle and its occupants in anti-theft Security Systems, Insurance Telematics, Fleet Management and Big Data markets. "
target: Trackit Consulting
TRACKiT Consulting is a Portuguese company specialized in the technological fields of telematics and fleet management. TRACKiT provides fleet management software which includes a web portal that allows users to check the activity and history of vehicles in real time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/29/2018 via Company Press Release

Axis Co., Ltd., will acquire Kitaro

synopsis: Axis Co., Ltd., an IT consultant company that provides total support from consulting to design, operation, and maintenance, has signed an agreement to acquire Kitaro, a cloud-based fleet management business. Their platform positions information in real time, create daily reports about the vehicle of their safety assessment and eco drive evaluation.
buyer: Axis Co., Ltd.
Based in Japan, Axis Co., Ltd. is an IT consultant company that helps businesses develop various systems and advise on the operation management of computer systems. They provide total support from consulting to design, development, operation, and maintenance. "
target parent: Aucnet, Inc.
target: Kitaro
Based in Japan, Kitaro is a cloud-based fleet management business for different vehicles on the road. Their platform positions information in real time, create daily reports about the vehicle, and evaluates vehicles of their safety assessment and eco drive evaluation.
price ($mm)
$0.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2018 via BNC Analysis

GPSTrackIt, acquired TSO Mobile

synopsis: GPSTrackIt, a portfolio company of private investment firm Inverness Graham, has acquired TSO Mobile, a leader in SaaS based asset-tracking and fleet management. Established in 2002, TSO Mobile has a continuous record of providing cutting-edge, web-based software solutions to commercial and consumer markets.
buyer parent: Inverness Graham Investments
buyer: GPSTrackIt
GPS Trackit is a software product development company that delivers a powerful and highly customizable suite of web-based fleet management solutions. Their solutions are specifically designed to help companies improve operations, reduce costs, and boost productivity. "
target: TSO Mobile
TSO Mobile is an innovative leader in mobile resource management solutions, logistics products, and GPS software services. Established in 2002, TSO Mobile has a continuous record of providing cutting-edge, web-based software solutions to commercial and consumer markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/31/2017 via BusinessWire

Ingersoll Rand, will acquire GPSi Holdings, LLC

synopsis: Ingersoll-Rand plc announced that it has entered into an agreement to acquire GPSi Holdings, LLC from Falconhead Capital. GPSi is a technology provider of cloud-based technology solutions for fleet managers in various transportation markets including education, golf and resorts. Its custom software solutions are designed to increase productivity.
buyer: Ingersoll Rand (IR:$15,859.60)
Ireland-based Ingersoll Rand advances the quality of life by creating comfortable, sustainable and efficient environments. They work to enhance the quality and comfort of air in buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. "
target parent: Falconhead Capital LLC
target: GPSi Holdings, LLC (GPSNQ:$13.49)
GPSi is a leading technology provider of cloud-based technology solutions for fleet managers in various transportation markets including education, golf and resorts. Its custom software solutions, combined with a high level of customer support are designed to increase productivity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/8/2017 via PR Newswire

IFS AB, acquired WorkWave

synopsis: IFS, the global enterprise applications company, announced it has completed the acquisition of WorkWave LLC, a leading provider of highly scalable, cloud-based Software-as-a-Service (SaaS) solutions for the Field Service and Last Mile Delivery and Logistics industries.
buyer parent: EQT
buyer: IFS AB
IFS is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning, enterprise asset management and enterprise service management. IFS brings customers closer to their business, helps them be more agile and enables them to profit from change. "
target parent: Chicago Growth Partners
target: WorkWave
WorkWave is a leading provider of highly scalable, cloud-based Software-as-a-Service (SaaS) solutions for the Field Service and Last Mile Delivery and Logistics industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2017 via Company Press Release

WiseTech Global, acquired CMS Transport Systems

synopsis: WiseTech Global announced the acquisition of CMS Transport Systems (CMS), a leading provider of integrated road transport and logistics management systems across Australia and New Zealand. CMS provides its flagship Transport Management System (TMS) Freight 2020, a SaaS cloud enabled product, to over 130 corporations.
buyer: WiseTech Global (ASX:WTC:$235.38)
WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Their flagship product, CargoWise One, forms an integral link in the global supply chain and executes over 34 billion data transactions annually. "
target: CMS Transport Systems
CMS Transport System's flagship SaaS cloud enabled product is Freight2020, a leading Transport Management System designed exclusively for the Australian and New Zealand road freight transport industry covering operations management, workforce, fleet maintenance and more.
price ($mm)
$3.94
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
2.3x
EV / EBITDA
45.0x
closed 6/27/2017 via GlobeNewswire

Isotrak Limited, acquired Verilocation Inc.

synopsis: Isotrak, a global provider of Telematics and Fleet Management systems for commercial vehicle operators, has announced it has acquired leading UK Fleet Management technology business, VeriLocation. VeriLocation offers a wide range of vehicle tracking solutions aimed at improving the efficiency and productivity of its customers’ fleet operations.
buyer parent: Lyceum Capital
buyer: Isotrak Limited
Isotrak is a leading specialist provider of Fleet Managed Services, Software Services and Supply Chain Integration. They enable customers to drive competitiveness through greater productivity and improved compliance. "
target: Verilocation Inc.
VeriLocation offers a wide range of vehicle tracking solutions aimed at improving the efficiency and productivity of its customers’ fleet operations. Their user-friendly interface seamlessly integrates into everyday operations, allowing full fleet visibility 24/7.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/14/2017 via PR Newswire

Michelin North America, will acquire NexTraq

synopsis: Michelin announced that it has agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction. Based in the Atlanta area, NexTraq is a subsidiary of FLEETCOR Technologies, Inc., a leading global provider of fuel cards and workforce payment products.
buyer parent: Michelin
buyer: Michelin North America
Headquartered in Greenville, S.C.,Michelin North America employs about 22,700 and operates 19 major manufacturing plants. It manufactures and sells tires for airplanes, automobiles, farm equipment, heavy duty trucks, motorcycles, and bicycles. "
target parent: FleetCor Technologies, Inc.
target: NexTraq
NexTraq is a U.S. provider of commercial fleet telematics. NexTraq provides solutions for driver safety, fuel management and enhancing fleet productivity. Since its inception in 2000, NexTraq has become a leading provider of GPS fleet management solutions for fleets of small commercial vehicles.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/7/2017 via BNC Analysis

Inverness Graham Investments, acquired GPSTrackIt

synopsis: Inverness Graham, a private investment firm based in suburban Philadelphia, is pleased to announce the acquisition of GPSTrackIt. Based in Temecula, CA, GPSTrackIt is a leading provider of SaaS based asset-tracking and fleet management solutions across North America.
buyer: Inverness Graham Investments
Headquartered in Newtown Square, PA, with over $500 million of assets under management, Inverness Graham is a private investment firm that specializes in strategic platform builds of high growth, technology enabled businesses. "
target: GPSTrackIt
Based in Temecula, CA, GPSTrackIt is a leading provider of SaaS based asset-tracking and fleet management solutions across North America. GPSTrackIt's solutions deliver cost reductions, increased fleet efficiency, and equipment & asset protection.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/12/2016 via BNC Analysis

Radius Payment Solutions Ltd, acquired Trackyou

synopsis: Radius Payments Solutions has acquired telematics provider Trackyou Limited in a deal that will add more than 20,000 vehicles to its tracking business. Based in Wrexham, Trackyou has more than 15 years of experience in providing telematics tracking solutions, specialising in the public sector.
buyer: Radius Payment Solutions Ltd
Radius Payment Solutions is Europe’s leading independent service provider to the fleet and logistics market. The Group was established in the UK in 1990 and now operates throughout Europe with offices in 11 countries. "
target: Trackyou
Formed in April 2001, Trackyou have grown to become a major provider of asset and vehicle tracking services within the UK, tracking thousands of vehicles every day of the year.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2016 via BNC Analysis

PTV Group, acquired DPS International Ltd.

synopsis: PTV Group in Karlsruhe, Germany, has announced its acquisition of the British company Distribution Planning Software International Limited (DPS). Both companies supply software to the transport logistics market and plan to expand the international market coverage of their products.
buyer: PTV Group
PTV Group has been operating successfully for almost 40 years, with 700 employees supplying software for traffic and transport logistics to the entire world from their headquarters in Karlsruhe. The business has performed extremely well over the past few years. "
target: DPS International Ltd.
DPS International is one of the world's leading suppliers of route scheduling and vehicle routing software solutions, based on a wealth of experience in logistics consulting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2020 via BNC Analysis

GPS Bulgaria, acquired Mobiliz

synopsis: Turkish private equity firm Mediterra Private Equity sold its portfolio company Mobiliz Information and Communication Technologies Inc. to GPS Bulgaria. Mobiliz provides telematics solutions for vehicle tracking, mobile video recording and camera tracking.
buyer: GPS Bulgaria
GPS Bulgaria is a leading Bulgarian provider of technologically advanced GPS/GSM based solutions for fleet management, vehicle security, personal tracking, monitoring of ships and railway vehicles, as well as other specialized solutions for businesses in Bulgaria. "
target parent: Mediterra Capital
target: Mobiliz
Founded in 2004, Mobiliz is one of the two biggest players in Turkish fleet telematics industry. Fleet telematics services allow companies to better manage their fleet in terms of driver, vehicle and operational management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2020 via BNC Analysis

GPS Bulgaria, acquired Mobiliz

synopsis: Turkish private equity firm Mediterra Private Equity sold its portfolio company Mobiliz Information and Communication Technologies Inc. to GPS Bulgaria. Mobiliz provides telematics solutions for vehicle tracking, mobile video recording and camera tracking.
buyer: GPS Bulgaria
GPS Bulgaria is a leading Bulgarian provider of technologically advanced GPS/GSM based solutions for fleet management, vehicle security, personal tracking, monitoring of ships and railway vehicles, as well as other specialized solutions for businesses in Bulgaria. "
target parent: Mediterra Capital
target: Mobiliz
Founded in 2004, Mobiliz is one of the two biggest players in Turkish fleet telematics industry. Fleet telematics services allow companies to better manage their fleet in terms of driver, vehicle and operational management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2020 via BNC Analysis

GPS Bulgaria, acquired Mobiliz

synopsis: Turkish private equity firm Mediterra Private Equity sold its portfolio company Mobiliz Information and Communication Technologies Inc. to GPS Bulgaria. Mobiliz provides telematics solutions for vehicle tracking, mobile video recording and camera tracking.
buyer: GPS Bulgaria
GPS Bulgaria is a leading Bulgarian provider of technologically advanced GPS/GSM based solutions for fleet management, vehicle security, personal tracking, monitoring of ships and railway vehicles, as well as other specialized solutions for businesses in Bulgaria. "
target parent: Mediterra Capital
target: Mobiliz
Founded in 2004, Mobiliz is one of the two biggest players in Turkish fleet telematics industry. Fleet telematics services allow companies to better manage their fleet in terms of driver, vehicle and operational management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2020 via Company Press Release

Microlise Ltd., acquired TruTac

synopsis: Microlise, a telematics and transport management solutions provider in the UK, has acquired TruTac, the leading UK provider of fleet compliance and management software for Heavy Goods Vehicles (HGVs) and Public Service Vehicles (PSVs). TruTac offers web-based solutions for tachograph analysis, compliance reporting, time and attendance, and more.
buyer: Microlise Ltd.
Microlise is a telematics and transport management solutions provider in the UK. Microlise provides telematics, real-time journey management and proof of delivery solutions to streamline processes, maximise utilisation and strengthen customer engagement. "
target: TruTac
TruTac is the leading UK provider of fleet compliance and management software for Heavy Goods Vehicles (HGVs) and Public Service Vehicles (PSVs). TruTac offers web-based solutions for tachograph analysis, compliance reporting, time and attendance, vehicle inspections, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/10/2020 via PR Newswire

Smith System, acquired Driver's Alert

synopsis: Smith System Driver Improvement Institute, Inc., a portfolio company of Levine Leichtman Capital Partners, has acquired Driver's Alert, LLC.  Driver's Alert provides fleet safety management solutions that combine real-time driver observation, comprehensive online safety training, and data management and risk identification tools.
buyer parent: Levine Leichtman Capital Partners Inc.
buyer: Smith System
Founded in 1952, Smith System is a trusted leading provider of safety training solutions for large commercial fleets and midstream pipeline operators, helping its customers reduce costs associated with negative operating behaviors and comply with stringent regulations. "
target: Driver's Alert
Driver's Alert provides fleet safety management solutions that combine real-time driver observation (via vehicle telematics and decal programs), comprehensive online safety training, and data management and risk identification tools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via Company Press Release

CalAmp Corp., acquired Synovia Solutions

synopsis: CalAmp, a technology solutions pioneer transforming the global connected economy, has acquired Synovia Solutions, a North American market leader in fleet safety and management for K-12 school bus and government fleets. Synovia Solutions offers a cloud-based fleet management system that helps their customers to enhance safety and improve service.
buyer: CalAmp Corp. (CAMP:$241.26)
CalAmp is a telematics pioneer leading transformation in the connected vehicle and Industrial Internet of Machines marketplace. Their software apps, scalable cloud services, and intelligent devices collect and assess business-critical data from mobile assets, cargo, companies, cities and people. "
target: Synovia Solutions
Synovia Solutions is a North American market leader in fleet safety and management for K-12 school bus and state and local government fleets. Synovia Solutions offers a cloud-based fleet management system that helps their customers to increase savings, enhance safety, and improve service.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via BNC Analysis

Keyfuels, acquired r2c Online Limited

synopsis: Fuel card provider Keyfuels has announced that it has completed the acquisition of r2c Online Ltd, the fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
buyer parent: FleetCor Technologies, Inc.
buyer: Keyfuels
Keyfuels is the leading provider of fuel cards and fuel management solutions to commercial vehicle operators, managing billions of litres of diesel for some of Europe’s largest logistics and freight operators. Keyfuels is also supported by 25 resellers. "
target: r2c Online Limited
r2c Online Ltd is a fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/13/2019 via GlobeNewswire

I.D. Systems, Inc., will acquire Pointer Telocation Ltd.

synopsis: I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial IoT technology, is to acquire Pointer Telocation Ltd., a leading provider of telematics and mobile IoT solutions.
buyer: I.D. Systems, Inc. (IDSY:$53.06)
I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, and cargo. "
target: Pointer Telocation Ltd. (CM:PNTR:$77.79)
Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Fleet Management, Mobile Asset Management, Stolen Vehicle Recovery, Vehicle Diagnosis and a comprehensive solution in the field of Internet of Things.
price ($mm)[EV]
$138 [$134]
rev ($mm)
$78
EBITDA ($mm)
$13
EV / rev
1.7x
EV / EBITDA
10.6x
announced 1/22/2019 via BusinessWire

Bridgestone Europe NV/SA, will acquire TomTom Telematics

synopsis: Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation in EMEA, has entered into an agreement to acquire TomTom Telematics, a business unit of TomTom dedicated to fleet management and vehicle telematics.
buyer parent: Bridgestone
buyer: Bridgestone Europe NV/SA
Bridgestone Europe (BSEU) is a key regional subsidiary of Tokyo-based Bridgestone Corporation, the world’s largest manufacturer of tires and other rubber products. They’re brilliant chemists, engineers and data scientists with some of Europe’s most advanced factories and world-beating technology. "
target parent: TomTom NV
target: TomTom Telematics
TomTom Telematics is a business unit of TomTom dedicated to fleet management and vehicle telematics. Their WEBFLEET platform is a Software-as-a-Service solution – used by small to large businesses to improve vehicle performance, safe fuel, support drivers and increase overall fleet efficiency.
price ($mm)[EV]
$1,045 [$1,040]
rev ($mm)
$197
EBITDA ($mm)
EV / rev
5.3x
EV / EBITDA
closed 10/17/2018 via PR Newswire

Trimble, acquired Veltec

synopsis: Trimble announced that it has acquired privately-held Veltec, a fleet management provider that delivers solutions to transportation companies to improve safety and reduce operational costs. Veltec is headquartered in Londrina, Brazil.
buyer: Trimble (TRMB:$3,264.30)
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. "
target: Veltec
Veltec is a leading fleet mobility provider, developing technologies that improve safety and reduce operational costs. Based in Londrina, Brazil, Veltec serves more than 900 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/27/2018 via Company Press Release

Viasat Group, acquired Trackit Consulting

synopsis: The European Telematics Company Viasat Group announced the acquisition of 60% of the Portuguese TRACKiT Consulting. TRACKiT provides fleet management software which includes a web portal that allows users to check the activity and history of vehicles in real time.
buyer: Viasat Group
Viasat Group is a European excellence in satellite security systems that integrate the most modern telematic technologies and IoT to ensure complete security for the vehicle and its occupants in anti-theft Security Systems, Insurance Telematics, Fleet Management and Big Data markets. "
target: Trackit Consulting
TRACKiT Consulting is a Portuguese company specialized in the technological fields of telematics and fleet management. TRACKiT provides fleet management software which includes a web portal that allows users to check the activity and history of vehicles in real time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/29/2018 via Company Press Release

Axis Co., Ltd., will acquire Kitaro

synopsis: Axis Co., Ltd., an IT consultant company that provides total support from consulting to design, operation, and maintenance, has signed an agreement to acquire Kitaro, a cloud-based fleet management business. Their platform positions information in real time, create daily reports about the vehicle of their safety assessment and eco drive evaluation.
buyer: Axis Co., Ltd.
Based in Japan, Axis Co., Ltd. is an IT consultant company that helps businesses develop various systems and advise on the operation management of computer systems. They provide total support from consulting to design, development, operation, and maintenance. "
target parent: Aucnet, Inc.
target: Kitaro
Based in Japan, Kitaro is a cloud-based fleet management business for different vehicles on the road. Their platform positions information in real time, create daily reports about the vehicle, and evaluates vehicles of their safety assessment and eco drive evaluation.
price ($mm)
$0.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2018 via BNC Analysis

GPSTrackIt, acquired TSO Mobile

synopsis: GPSTrackIt, a portfolio company of private investment firm Inverness Graham, has acquired TSO Mobile, a leader in SaaS based asset-tracking and fleet management. Established in 2002, TSO Mobile has a continuous record of providing cutting-edge, web-based software solutions to commercial and consumer markets.
buyer parent: Inverness Graham Investments
buyer: GPSTrackIt
GPS Trackit is a software product development company that delivers a powerful and highly customizable suite of web-based fleet management solutions. Their solutions are specifically designed to help companies improve operations, reduce costs, and boost productivity. "
target: TSO Mobile
TSO Mobile is an innovative leader in mobile resource management solutions, logistics products, and GPS software services. Established in 2002, TSO Mobile has a continuous record of providing cutting-edge, web-based software solutions to commercial and consumer markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/8/2017 via PR Newswire

IFS AB, acquired WorkWave

synopsis: IFS, the global enterprise applications company, announced it has completed the acquisition of WorkWave LLC, a leading provider of highly scalable, cloud-based Software-as-a-Service (SaaS) solutions for the Field Service and Last Mile Delivery and Logistics industries.
buyer parent: EQT
buyer: IFS AB
IFS is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning, enterprise asset management and enterprise service management. IFS brings customers closer to their business, helps them be more agile and enables them to profit from change. "
target parent: Chicago Growth Partners
target: WorkWave
WorkWave is a leading provider of highly scalable, cloud-based Software-as-a-Service (SaaS) solutions for the Field Service and Last Mile Delivery and Logistics industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2017 via Company Press Release

WiseTech Global, acquired CMS Transport Systems

synopsis: WiseTech Global announced the acquisition of CMS Transport Systems (CMS), a leading provider of integrated road transport and logistics management systems across Australia and New Zealand. CMS provides its flagship Transport Management System (TMS) Freight 2020, a SaaS cloud enabled product, to over 130 corporations.
buyer: WiseTech Global (ASX:WTC:$235.38)
WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Their flagship product, CargoWise One, forms an integral link in the global supply chain and executes over 34 billion data transactions annually. "
target: CMS Transport Systems
CMS Transport System's flagship SaaS cloud enabled product is Freight2020, a leading Transport Management System designed exclusively for the Australian and New Zealand road freight transport industry covering operations management, workforce, fleet maintenance and more.
price ($mm)
$3.94
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
2.3x
EV / EBITDA
45.0x
closed 6/27/2017 via GlobeNewswire

Isotrak Limited, acquired Verilocation Inc.

synopsis: Isotrak, a global provider of Telematics and Fleet Management systems for commercial vehicle operators, has announced it has acquired leading UK Fleet Management technology business, VeriLocation. VeriLocation offers a wide range of vehicle tracking solutions aimed at improving the efficiency and productivity of its customers’ fleet operations.
buyer parent: Lyceum Capital
buyer: Isotrak Limited
Isotrak is a leading specialist provider of Fleet Managed Services, Software Services and Supply Chain Integration. They enable customers to drive competitiveness through greater productivity and improved compliance. "
target: Verilocation Inc.
VeriLocation offers a wide range of vehicle tracking solutions aimed at improving the efficiency and productivity of its customers’ fleet operations. Their user-friendly interface seamlessly integrates into everyday operations, allowing full fleet visibility 24/7.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/14/2017 via PR Newswire

Michelin North America, will acquire NexTraq

synopsis: Michelin announced that it has agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction. Based in the Atlanta area, NexTraq is a subsidiary of FLEETCOR Technologies, Inc., a leading global provider of fuel cards and workforce payment products.
buyer parent: Michelin
buyer: Michelin North America
Headquartered in Greenville, S.C.,Michelin North America employs about 22,700 and operates 19 major manufacturing plants. It manufactures and sells tires for airplanes, automobiles, farm equipment, heavy duty trucks, motorcycles, and bicycles. "
target parent: FleetCor Technologies, Inc.
target: NexTraq
NexTraq is a U.S. provider of commercial fleet telematics. NexTraq provides solutions for driver safety, fuel management and enhancing fleet productivity. Since its inception in 2000, NexTraq has become a leading provider of GPS fleet management solutions for fleets of small commercial vehicles.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/7/2017 via BNC Analysis

Inverness Graham Investments, acquired GPSTrackIt

synopsis: Inverness Graham, a private investment firm based in suburban Philadelphia, is pleased to announce the acquisition of GPSTrackIt. Based in Temecula, CA, GPSTrackIt is a leading provider of SaaS based asset-tracking and fleet management solutions across North America.
buyer: Inverness Graham Investments
Headquartered in Newtown Square, PA, with over $500 million of assets under management, Inverness Graham is a private investment firm that specializes in strategic platform builds of high growth, technology enabled businesses. "
target: GPSTrackIt
Based in Temecula, CA, GPSTrackIt is a leading provider of SaaS based asset-tracking and fleet management solutions across North America. GPSTrackIt's solutions deliver cost reductions, increased fleet efficiency, and equipment & asset protection.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/12/2016 via BNC Analysis

Radius Payment Solutions Ltd, acquired Trackyou

synopsis: Radius Payments Solutions has acquired telematics provider Trackyou Limited in a deal that will add more than 20,000 vehicles to its tracking business. Based in Wrexham, Trackyou has more than 15 years of experience in providing telematics tracking solutions, specialising in the public sector.
buyer: Radius Payment Solutions Ltd
Radius Payment Solutions is Europe’s leading independent service provider to the fleet and logistics market. The Group was established in the UK in 1990 and now operates throughout Europe with offices in 11 countries. "
target: Trackyou
Formed in April 2001, Trackyou have grown to become a major provider of asset and vehicle tracking services within the UK, tracking thousands of vehicles every day of the year.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2016 via BNC Analysis

PTV Group, acquired DPS International Ltd.

synopsis: PTV Group in Karlsruhe, Germany, has announced its acquisition of the British company Distribution Planning Software International Limited (DPS). Both companies supply software to the transport logistics market and plan to expand the international market coverage of their products.
buyer: PTV Group
PTV Group has been operating successfully for almost 40 years, with 700 employees supplying software for traffic and transport logistics to the entire world from their headquarters in Karlsruhe. The business has performed extremely well over the past few years. "
target: DPS International Ltd.
DPS International is one of the world's leading suppliers of route scheduling and vehicle routing software solutions, based on a wealth of experience in logistics consulting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/7/2016 via PR Newswire

Verizon Communications, acquired FleetMatics, Inc.

synopsis: Verizon Communications Inc., America's most reliable wireless network, has acquired Fleetmatics, a leading global provider of fleet and mobile workforce management solutions. Their solution enable businesses to meet the challenges associated with managing local fleets, and improve the productivity of their mobile workforces.
buyer: Verizon Communications (VZ:$131,087.00)
Verizon operates America's most reliable wireless network, with more than 112 million retail connections nationwide. The company also provides communications and entertainment services over America's most advanced fiber-optic network and delivers integrated business solutions to customers worldwide."
target: FleetMatics, Inc. (FLTX:$320.40)
Fleetmatics is a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service. Their solution enable businesses to meet the challenges associated with managing local fleets, and improve the productivity of their mobile workforces.
price ($mm)[EV]
$2,350 [$2,183]
rev ($mm)
$311
EBITDA ($mm)
$66
EV / rev
7.0x
EV / EBITDA
32.9x
closed 3/3/2016 via Market Wire

Vecima Networks, acquired Contigo Systems Inc.

synopsis: Vecima Networks Inc., an experienced designer and manufacturer of innovative technology in the broadband equipment market, announced that it has acquired the assets of Contigo Systems Inc., a Vancouver-based private company. Contigo's patented location-based platform enables businesses to monitor their vehicles, assets and personnel 24/7.
buyer: Vecima Networks (TSX:VCM:$56.86)
Vecima Networks Inc. designs, manufactures and sells products that enable broadband access to cable, wireless and telephony networks. Vecima's hardware products incorporate original embedded software to meet the complex requirements of next-generation, high-speed digital networks. "
target parent: GrowthPoint Capital Corp
target: Contigo Systems Inc.
Contigo's patented location-based platform enables businesses to monitor their vehicles, assets and personnel 24/7 via the internet. Contigo's solutions are distributed across the U.S. and Canada through Contigo's network of strategic partners and value-added resellers.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA

Like Mobiliz


read more

Mobiliz

TruTac

Driver's Alert

Synovia Solutions

r2c Online Limited

Pointer Telocation Ltd.

TomTom Telematics

GateHouse Logistics

Veltec

Trackit Consulting

Kitaro

TSO Mobile

GPSi Holdings, LLC

WorkWave

CMS Transport Systems

Verilocation Inc.

NexTraq

GPSTrackIt

Trackyou

DPS International Ltd.

read more

Mobiliz

read more

Mobiliz

read more

Mobiliz

TruTac

Driver's Alert

Synovia Solutions

r2c Online Limited

Pointer Telocation Ltd.

TomTom Telematics

Veltec

Trackit Consulting

Kitaro

TSO Mobile

WorkWave

CMS Transport Systems

Verilocation Inc.

NexTraq

GPSTrackIt

Trackyou

DPS International Ltd.

FleetMatics, Inc.

Contigo Systems Inc.

Geography
Matching Companies
Ticker: JSE:MIX
 
 
 
 
 
 
 
 
MiX Telematics
MiX Telematics
MiX Telematics, founded in 1996, is a leading global provider of fleet and mobile asset management solutions. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security.
year
2014
rev ($mm)
$121.20
EBITDA ($mm)
$20.90
EBIT ($mm)
$14.60
Net Income ($mm)
$14.60
Employees
1039
  • drill down
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Ticker: ASX:CA
 
 
 
 
 
 
 
 
Cabcharge Australia Limited
Cabcharge Australia Limited
Cabcharge is a provider of electronic payment systems and software for taxis in Australia. Their solutions include a personalized payment card, single use e-tickets, and gift cards. They also offer a cloud based travel management platform that give taxi companies better visibility and insight.
year
2017
rev ($mm)
$120.51
EBITDA ($mm)
$26.77
EBIT ($mm)
$17.90
Net Income ($mm)
$8.21
Employees
538
  • drill down
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Ticker: WEWWF
 
 
 
 
 
 
 
 
WebTech Wireless, Inc.
WebTech Wireless, Inc.
Webtech Wireless provides fleet management telematics, GPS and automatic vehicle location solutions that improve efficiency, accountability and reduce costs. Their solutions automate record keeping and regulatory compliance, reduce fuel burn and idling, mitigate risk, and keep drivers safe.
year
2013
rev ($mm)
$41.41
EBITDA ($mm)
($0.65)
EBIT ($mm)
($2.64)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: IDSY
 
 
 
 
 
 
 
 
I.D. Systems, Inc.
I.D. Systems, Inc.
I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, and cargo.
year
2018
rev ($mm)
$53.06
EBITDA ($mm)
($3.37)
EBIT ($mm)
($4.93)
Net Income ($mm)
Employees
117
  • drill down
  • watch
Ticker: CTFO
 
 
 
 
 
 
 
 
China TransInfo Technology Corp.
China TransInfo Technology Corp.
China TransInfo Technology Corp. is a leading provider of end-to-end intelligent transportation systems and related comprehensive technology solutions servicing the transportation industry in China. The company was founded in 2000 with headquarters in Beijing.
year
2010
rev ($mm)
$122.73
EBITDA ($mm)
$21.98
EBIT ($mm)
$19.97
Net Income ($mm)
$15.47
Employees
725
  • drill down
  • watch
Ticker: SWX:UBXN
 
 
 
 
 
 
 
 
u-blox AG
u-blox AG
Swiss-based u-blox is a leading provider of wireless and positioning semiconductors and modules for the automotive, industrial and consumer markets. Their solutions enable people, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video.
year
2013
rev ($mm)
$242.01
EBITDA ($mm)
$42.76
EBIT ($mm)
$33.08
Net Income ($mm)
$27.13
Employees
438
  • drill down
  • watch
Ticker: XTRA:IXX
 
 
 
 
 
 
 
 
Init Innovation in Traffic Systems AG
Init Innovation in Traffic Systems AG
Init is the worldwide leading supplier of planning, dispatching, telematics and ticketing systems for buses and trains. For more than 30 years, INIT has been assisting transport companies in making public transport more attractive, faster and more efficient.
year
2017
rev ($mm)
$157.57
EBITDA ($mm)
$18.73
EBIT ($mm)
$13.42
Net Income ($mm)
$7.18
Employees
733
  • drill down
  • watch
Ticker: ASX:SMA
 
 
 
 
 
 
 
 
SmartTrans Holdings Limited
SmartTrans Holdings Limited
SmartTrans Australia provides state-of-the-art logistics solutions for transport and field services operations. Their hosted solutions allow clients to deliver their in-field services and deliveries with increased efficiency, visibility and compliance
year
2017
rev ($mm)
$2.50
EBITDA ($mm)
($4.37)
EBIT ($mm)
($4.39)
Net Income ($mm)
Employees
10
  • drill down
  • watch
Ticker: AETH
 
 
 
 
 
 
 
 
Aether Systems, Inc.
Aether Systems provides wireless and mobile data solutions that increase efficiency and productivity for the Transportation, Fleet Management, and Mobile Government markets. Aether's transportation and fleet management solutions, in use by over 600 fleets, include the industry-leading MobileMax(TM)
year
2005
rev ($mm)
$55.60
EBITDA ($mm)
($27.80)
EBIT ($mm)
($30.90)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: JSE:MIX
 
 
 
 
 
 
 
 
MiX Telematics
MiX Telematics
MiX Telematics, founded in 1996, is a leading global provider of fleet and mobile asset management solutions. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security.
year
2014
rev ($mm)
$121.20
EBITDA ($mm)
$20.90
EBIT ($mm)
$14.60
Net Income ($mm)
$14.60
Employees
1039
  • drill down
  • watch
Ticker: ASX:CA
 
 
 
 
 
 
 
 
Cabcharge Australia Limited
Cabcharge Australia Limited
Cabcharge is a provider of electronic payment systems and software for taxis in Australia. Their solutions include a personalized payment card, single use e-tickets, and gift cards. They also offer a cloud based travel management platform that give taxi companies better visibility and insight.
year
2017
rev ($mm)
$120.51
EBITDA ($mm)
$26.77
EBIT ($mm)
$17.90
Net Income ($mm)
$8.21
Employees
538
  • drill down
  • watch
Ticker: LKCO
 
 
 
 
 
 
 
 
Luokung Technology Corp.
Luokung Technology Corp.
Luokung is a leading global spatial-temporal big-data technology company and a leading interactive location-based services company in China. Luokung's mobile app provides personalized and precise services to travelers on the train and at their destination.
year
2018
rev ($mm)
$21.04
EBITDA ($mm)
($3.75)
EBIT ($mm)
($8.87)
Net Income ($mm)
Employees
111
  • drill down
  • watch
Ticker: IDSY
 
 
 
 
 
 
 
 
I.D. Systems, Inc.
I.D. Systems, Inc.
I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, and cargo.
year
2018
rev ($mm)
$53.06
EBITDA ($mm)
($3.37)
EBIT ($mm)
($4.93)
Net Income ($mm)
Employees
117
  • drill down
  • watch
Ticker: ASX:SMA
 
 
 
 
 
 
 
 
SmartTrans Holdings Limited
SmartTrans Holdings Limited
SmartTrans Australia provides state-of-the-art logistics solutions for transport and field services operations. Their hosted solutions allow clients to deliver their in-field services and deliveries with increased efficiency, visibility and compliance
year
2017
rev ($mm)
$2.50
EBITDA ($mm)
($4.37)
EBIT ($mm)
($4.39)
Net Income ($mm)
Employees
10
  • drill down
  • watch
Ticker: AETH
 
 
 
 
 
 
 
 
Aether Systems, Inc.
Aether Systems provides wireless and mobile data solutions that increase efficiency and productivity for the Transportation, Fleet Management, and Mobile Government markets. Aether's transportation and fleet management solutions, in use by over 600 fleets, include the industry-leading MobileMax(TM)
year
2005
rev ($mm)
$55.60
EBITDA ($mm)
($27.80)
EBIT ($mm)
($30.90)
Net Income ($mm)
Employees
0
  • drill down
  • watch