Like COEX AS

announced 4/2/2012 via BNC Analysis

Det Norske Veritas AS, will acquire COEX AS

synopsis: DNV has signed an agreement to acquire COEX AS, a company based in Bergen, Norway, offering software systems for the maritime industry. The move will see DNV's Navigator software system enhanced through integration with COEX's web-based Vessel Information Portal for ship management, providing a range of additional functionalities.
buyer: Det Norske Veritas AS
Det Norske Veritas (DNV) is a global provider of services for managing risk. An independent foundation with the objective of safeguarding life, property and the environment, DNV comprises 300 offices in 100 countries, with more than 10,000 employees. "
target: COEX AS
COEX is a Norwegian-based IT company that offers IT solutions that give their customers the best information on which to base decisions and the most effective business processes. COEX has developed unique software for more efficient management of international merchant fleets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/20/2019 via Company Press Release

StormGeo, will purchase ECO Insight and Navigator Insight from DNV GL

synopsis: StormGeo has signed an agreement to acquire DNV GL’s ECO Insight and Navigator Insight solutions, creating a new industry leader in fleet performance management. ECO Insight and Navigator Insight provide a web-based performance management portal for major fleet performance topics, organised in a logical structure.
buyer parent: EQT
buyer: StormGeo
StormGeo is a provider of data science and weather intelligence, serving a worldwide customer base with advanced solutions through their global 24/7 forecasting desks and R&D team. The company primarily serves the Oil & Gas, Shipping, Renewable Energy, Cross Industry, Aviation and Media industries. "
seller: DNV GL
ECO Insight and Navigator Insight provide a web-based performance management portal for major fleet performance topics, organised in a logical structure.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2013 via PR Web

VerticaLive, Inc., acquired MarineCFO, Inc.

synopsis: Verticalive Inc., a leading provider of vertical cloud solutions and development technologies for entrepreneurs and enterprises, announced that it has acquired MarineCFO, the leading provider of enterprise software solutions to the marine transportation industry.
buyer: VerticaLive, Inc.
VerticaLive is a leading provider of development technology for Microsoft platforms. The VL Business Framework enables rapid development and deployment of private or public cloud applications, virtual hosted solutions, or on-premise solutions. "
target: MarineCFO, Inc.
MarineCFO is the leading provider of On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management solutions to the marine transportation industry. The company was founded in 2007.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/22/2017 via Company Press Release

essDOCS, acquired eCertify Pty Ltd

synopsis: essDOCS announced the acquisition of eCertify Pty Ltd, the inventor of the electronic Certificate of Origin (eCO). eCertify provided the first eCO solution in 2008. Its eCOs are used by 13,000+ companies and 120+ Chambers of Commerce in 6 countries.
buyer: essDOCS
essDOCS enables paperless trade. Their CargoDocs platform digitizes and automates paper-heavy trade operations, finance and logistics processes through two key solutions: DocPrep+ and DocEx. CargoDocs enables users to standardize and streamline processes, reduce working capital needs & trading risks"
target: eCertify Pty Ltd
eCertify Pty Ltd is the inventor of the electronic Certificate of Origin (eCO). eCertify provides Chambers of Commerce, Authorizing Bodies, exporters & freight forwarders an online solution for application and issuance of eCOs, enabling them to eliminate time-consuming manual paper-based processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/9/2020 via BNC Analysis

Lloyd's Register Group, will acquire C-MAP Norway AS

synopsis: Lloyd's Register (LR) has reached an agreement to acquire Navico Group’s C-MAP commercial marine business, a leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software.
buyer: Lloyd's Register Group
Lloyd’s Register (LR) is a global engineering, technical and business services organization. Founded in 1760 as a marine classification society, LR now operates across many industry sectors, with over 9000 employees in 78 countries. "
target parent: Navico Norway AS
target: C-MAP Norway AS
C-MAP is a leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/19/2019 via BNC Analysis

GreenSteam, purchased BMT SMART from BMT Group Limited

synopsis: GreenSteam, the pioneer of machine learning for improved hull and vessel performance in shipping, announces that it has acquired BMT’s data collection and performance optimization subsidiary firm SMART. BMT is a leading international design, engineering, science and management consultancy.
buyer parent: BP plc
buyer: GreenSteam
GreenSteam is a marine solutions provider specializing in improving operational efficiency through machine learning and AI. GreenSteam implements solutions on vessels of all types Founded in 2007, GreenSteam is located in Denmark, United Kingdom and Poland, and currently employs 40 people. "
seller: BMT Group Limited
BMT SMART is the data collection and performance optimization subsidiary of BMT, an international design, engineering, science and management consultancy. BMT SMART provides sophisticated data collection, data display and data analysis services to support decision-making for the marine industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/6/2017 via Company Press Release

Gaztransport & Technigaz, will acquire Ascenz Solutions Pte Ltd

synopsis: Gaztransport & Technigaz (GTT), a manufacturer of containment systems for the shipping and storage of LNG (liquefied natural gas), will acquire a 75% stake in Ascenz, the Asian leader in operational risk intelligence solutions for the maritime industry. Ascenz provides vessel performance systems such as fuel consumption and bunkering monitoring.
buyer: Gaztransport & Technigaz (ENXTPA:GTT:$434.74)
Gaztransport & Technigaz (GTT) is a leading manufacturer of containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas). GTT offers its customers technologies which allow them to optimize storage space and reduce construction and operation costs. "
target: Ascenz Solutions Pte Ltd
Ascenz is the Asian leader in operational risk intelligence solutions for the maritime industry. Ascenz provides vessel performance systems, such as fuel consumption and bunkering monitoring, for global shipping companies seeking fuel savings, emissions compliance and efficiency management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/20/2020 via GlobeNewswire

Gaztransport & Technigaz, acquired Marorka

synopsis: GTT announced the acquisition of 100% of the share capital of Marorka from its owners and management team. Based in Iceland and specialized in Smart Shipping, the company designs maritime energy monitoring and optimization systems for vessels, allowing them to reduce their environmental footprint.
buyer: Gaztransport & Technigaz (ENXTPA:GTT:$434.74)
Gaztransport & Technigaz (GTT) is a leading manufacturer of containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas). GTT offers its customers technologies which allow them to optimize storage space and reduce construction and operation costs. "
target: Marorka
Marorka, based in Iceland and specialized in Smart Shipping, the company designs maritime energy monitoring and optimization systems for vessels, allowing them to reduce their environmental footprint. The company’s systems have been installed on more than 600 vessels.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/9/2011 via PR Newswire

Telogis Inc., purchased Mobile Resource and Fleet Management from Intergis LLC

synopsis: Telogis Inc., the platform for location intelligence, has acquired certain assets and substantially all of the business of Intergis, a provider of routing, mobile resource and fleet management solutions for small to mid-sized businesses (SMBs).
buyer: Telogis Inc.
Telogis Inc., the platform for location intelligence, is dedicated to enhancing the value of its customers' businesses through intelligent integration of location technology, information and services. Telogis was established in 2001 and is headquartered in Aliso Viejo, California. "
seller: Intergis LLC
Intergis is a leading single-source provider of mobile resource and fleet management solutions for small to mid-sized businesses and large enterprises in a variety of industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/14/2021 via Yahoo, Inc.

RIO, will acquire Loom Technologies

synopsis: RIO, a cloud-based platform in Germany that bundles digital solutions for the entire transport and logistics ecosystem, will acquire Loom Technologies, a logistics software provider in Germany. Loom Technologies offers web-based software that help businesses to optimize their logistics processes and reduce costs.
buyer parent: TRATON Group
buyer: RIO
RIO is a cloud-based platform in Germany that bundles digital solutions for the entire transport and logistics ecosystem. RIO enables businesses to digitalise their supply chain. Their logistics platform offers solutions for fleet management, freight forwarding, telematics, and more. "
target: Loom Technologies
Loom Technologies is a logistics software provider in Germany. Loom Technologies offers web-based software that help businesses to optimize their logistics processes and reduce costs. Their software provides solutions for logistics, warehouse management, fleet management, billing, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2021 via BusinessWire

goPuff, will acquire rideOS

synopsis: Gopuff, the go-to solution for immediate everyday needs, announced it has entered into an agreement to acquire rideOS, an enterprise software company powering mobility-as-a-service (MaaS) technologies designed to support a variety of complex dispatch and optimization use cases for heterogeneous delivery fleets.
buyer: goPuff
Gopuff is the go-to solution for immediate everyday needs, fulfilling customer orders of cleaning and home products, over-the-counter medications, baby and pet products, food and drinks, and in some markets, alcohol - in just minutes. "
target: rideOS
rideOS is an enterprise software company powering mobility-as-a-service (MaaS) technologies designed to support a variety of complex dispatch and optimization use cases for heterogeneous delivery fleets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/19/2020 via BusinessWire

PCS Software, acquired UltraShipTMS

synopsis: PCS Software (PCS), a leading transportation management platform provider for the inland trucking industry, has acquired UltraShipTMS, a provider of cloud supply chain management technologies and services to leading shippers in food production, packaging, manufacturing, retail, and other industries.
buyer parent: CapStreet Partners
buyer: PCS Software
PCS Software is an integrated transportation management platform leader driving innovation in the inland trucking industry. Its platform allows carriers, brokers and shippers to seamlessly run their entire operations with one integrated solution, including dispatch, fleet management, and accounting."
target: UltraShipTMS
UltraShipTMS offers SaaS solutions to shippers in food production, packaging, manufacturing, and other industries. They provide a single-source solution for transportation and private fleet management, optimization, and settlement handling in- and out-bound shipping across all modes of transport.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/14/2020 via BNC Analysis

ABAX, will acquire Automile

synopsis: Telematics giant ABAX is to acquire Automile to expand both firms’ services and operations globally. Automile provides SaaS telematics, including real-time GPS fleet and asset tracking, speeding, routing, dispatching and driving behaviour tools. Its headquartered in the US but also has customers in Sweden, Norway and the rest of Europe.
buyer: ABAX
ABAX allows clients to track, monitor and optimize their fleet operations. Whether clients have 1 or 1,000 assets, ABAX provides the solutions needed for complete overview and control. "
target: Automile
Automile provides SaaS telematics, including real-time GPS fleet and asset tracking, speeding, routing, dispatching and driving behaviour tools. Its headquartered in the US but also has customers in Sweden, Norway and the rest of Europe. The business has some 87,000 subscribers to its core service.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2020 via BNC Analysis

AddSecure, acquired Navkonzept

synopsis: AddSecure, a leading European provider of solutions for secure data and critical communications, has acquired Navkonzept GmbH, a German aftermarket telematics supplier of fleet management solutions. Navkonzept offers tailored software solutions that provides users with an overview of their vehicles and allows them to easily keep track of them.
buyer parent: Castik Capital S.à r.l.
buyer: AddSecure
AddSecure is a leading European provider of premium solutions for secure data and critical communications. The company serves over 50,000 customers and partners around Europe with secure communications and solutions that help customers safeguard their life- and business-critical applications. "
target: Navkonzept
Navkonzept is a German aftermarket telematics supplier of fleet management solutions. Navkonzept offers tailored software solutions for craftsmen, courier services, construction, and more. Their solutions provides users with an overview of their vehicles and allows them to easily keep track of them.
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 4/2/2012 via BNC Analysis

Det Norske Veritas AS, will acquire COEX AS

synopsis: DNV has signed an agreement to acquire COEX AS, a company based in Bergen, Norway, offering software systems for the maritime industry. The move will see DNV's Navigator software system enhanced through integration with COEX's web-based Vessel Information Portal for ship management, providing a range of additional functionalities.
buyer: Det Norske Veritas AS
Det Norske Veritas (DNV) is a global provider of services for managing risk. An independent foundation with the objective of safeguarding life, property and the environment, DNV comprises 300 offices in 100 countries, with more than 10,000 employees. "
target: COEX AS
COEX is a Norwegian-based IT company that offers IT solutions that give their customers the best information on which to base decisions and the most effective business processes. COEX has developed unique software for more efficient management of international merchant fleets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/30/2021 via Company Press Release

Det Norske Veritas AS, will acquire Imatis AS

synopsis: DNV will acquire digital health pioneer Imatis as part of a new and ambitious expansion plan into the e-health market. Imatis provides digital solutions to hospitals, municipalities and other care-giving institutions, bringing healthcare workers access to real time information anywhere.
buyer: Det Norske Veritas AS
Det Norske Veritas (DNV) is a global provider of services for managing risk. An independent foundation with the objective of safeguarding life, property and the environment, DNV comprises 300 offices in 100 countries, with more than 10,000 employees. "
target: Imatis AS
Imatis provides an ecosystem of applications providing real-time data on patient treatment, logistics and decision-support, allowing healthcare workers to perform efficient patient care. The company’s head office is in Norway’s seventh largest city, Porsgrunn.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/2/2012 via BNC Analysis

Det Norske Veritas AS, will acquire COEX AS

synopsis: DNV has signed an agreement to acquire COEX AS, a company based in Bergen, Norway, offering software systems for the maritime industry. The move will see DNV's Navigator software system enhanced through integration with COEX's web-based Vessel Information Portal for ship management, providing a range of additional functionalities.
buyer: Det Norske Veritas AS
Det Norske Veritas (DNV) is a global provider of services for managing risk. An independent foundation with the objective of safeguarding life, property and the environment, DNV comprises 300 offices in 100 countries, with more than 10,000 employees. "
target: COEX AS
COEX is a Norwegian-based IT company that offers IT solutions that give their customers the best information on which to base decisions and the most effective business processes. COEX has developed unique software for more efficient management of international merchant fleets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/6/2007 via PR Newswire

DNV Healthcare Inc, acquired TUV Healthcare

synopsis: DNV expands its hospital assessment and risk management services in the US by acquiring the US-based TUV Healthcare Specialists an experienced specialist firm in the hospital accreditation market.
buyer: DNV Healthcare Inc
Being a leader in third party assessment, verification and certification, DNV has issued nearly 70,000 accredited management system certificates of compliance with various ISO and other international standards. "
target: TUV Healthcare
TUVHS is recognized as an innovative healthcare systems evaluation and training company, whose expertise is in the applicability of CMS rules and regulations. Its proprietary hospital accreditation program has been proven to provide hospitals, who seek accreditation, with an integrated concept.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/28/2020 via Company Press Release

R2P Group, acquired SafeinTrain GmbH

synopsis: r2p, a leading provider of intelligent technology systems for the public transport sector, announced that they are acquiring SafeinTrain GmbH, a German based company specialised in safety projects for the transportation industry. SafeinTrain services include safety consulting, safety risk analysis, as well as safe software development.
buyer: R2P Group
r2p – Rail and Road Protec GmbH develops and sells intelligent technology systems with the highest quality standards for the mobile transport sector: CCTV, passenger counting, Infotainment and fleet management with real-time data transfer for rail and road vehicles. "
target: SafeinTrain GmbH
SafeinTrain GmbH is a German based company specialised in safety projects for the transportation industry. The company services include safety concepts, safety consulting, safety risk analysis, safe design of embedded systems, as well as safe software development.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/18/2017 via Company Press Release

FEV GmbH, acquired etamax space GmbH

synopsis: International engineering service provider FEV, headquartered in Aachen, has acquired the shares and business of etamax space GmbH. Etamax offers danger and risk analysis to its clients in the automotive, aerospace, and railway engineering industries for complex, safety-critical systems and their software.
buyer: FEV GmbH
The FEV Group, with headquarters in Aachen, Germany, is an internationally recognized vehicle development services provider. FEV’s expertise ranges from consulting to the development and testing of innovative vehicle concepts through readiness for serial production. "
target: etamax space GmbH
Etamax offers danger and risk analysis to its clients in the automotive, aerospace, and railway engineering industries for complex, safety-critical systems and their software. Their services range from process support for software and system engineering to quality assurance for on-board software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via PR Web

Delancey Street Capital Partners, LLC, Intuitis, acquired Driving Dynamics Inc.

synopsis: Driving Dynamics, in business for 30 years, has been acquired by managing owner Art Liggio, Driving Dynamics’ president and CEO, majority owner investment firm Intuitis LLC, and Delancey Street Capital Partners. Driving Dynamics Inc. is a provider of advanced performance driver safety training for fleet-based organizations throughout North America.
buyer: Intuitis
buyer: Delancey Street Capital Partners, LLC
Intuitis LLC, founded in 2000, is funded by a team of seasoned and successful long-term investors based in the U.S. and Europe. The firm focuses on acquiring control investments in small- to growing middle- market companies and seeks to invest in the long-term development of these businesses. "
target: Driving Dynamics Inc.
Driving Dynamics Inc. is a provider of advanced performance driver safety training for fleet-based organizations throughout North America.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2014 via Company Press Release

MITIE Group PLC, acquired Procius Limited

synopsis: Mitie Group plc, the strategic outsourcing company is pleased to announce that it has acquired Procius Limited, a leading UK pre-employment screening company, from the management team. Procius is a specialist in pre-employment screening and vetting, and has particular expertise in the aviation and transportation sectors.
buyer: MITIE Group PLC (LSE:MTO:$2,681.17)
MITIE is a strategic outsourcing company that helps their clients run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for. "
target: Procius Limited
Based in the United Kingdom, Procius is a specialist in pre-employment screening and vetting, and has particular expertise in the aviation and transportation sectors. Procius provides convenient, online access to their services 24/7.
price ($mm)
$3.69
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/4/2011 via PR Web

Abidance Consulting, acquired Fortech Software Consulting, Inc.

synopsis: Abidance Consulting has acquired Fortech Software Consulting. Fortech has designed one of the more robust NERC compliance software packages around that Abidance Consulting plans to implement at their client sites. The NERC Compliance Management System is a program that incorporates hardware, soft-ware and services into a single package.
buyer: Abidance Consulting
Abidance Consulting Corporation provides exceptional compliance services in and around the energy, power and chemical sectors. Abidance Consulting has created an unbeatable force in compliance, having signed many clients in the United States and Canada. "
target: Fortech Software Consulting, Inc.
Fortech Software Consulting caters to the Information Technology needs of the Energy, Hydro and Manufacturing Industries. It is a proven solutions & services provider delivering technology-driven Automation solutions that meet the strategic objectives around existing business practices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2013 via BusinessWire

PowerSecure International, Inc., acquired Encari, LLC

synopsis: PowerSecure International, Inc., a leading provider of utility and energy technologies to electric utilities, announced that the company has acquired the assets of Encari, LLC, a leading provider of cybersecurity and compliance consulting services to the utility industry.
buyer: PowerSecure International, Inc.
PowerSecure is a leading provider of utility and energy technologies to electric utilities, and their industrial, institutional and commercial customers. The company provides products and services in the areas of Interactive Distributed Generation, energy efficiency and utility infrastructure. "
target: Encari, LLC
Encari, LLC is a leading provider of cybersecurity and compliance consulting services to the utility industry. Encari helps large investor-owned utilities, municipalities and cooperative utilities assess, improve and maintain their compliance.
price ($mm)
$4.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2021 via BNC Analysis

ICC Compliance Center, acquired iHazmat

synopsis: ICC Compliance Center, a Canadian provider of solutions for regulatory compliance in the transportation of dangerous goods, has acquired iHazmat, a multiservice dangerous goods regulatory company in Canada. iHazmat offers online regulatory compliance courses for lithium batteries transportation, dangerous goods transportation, and more.
buyer: ICC Compliance Center
ICC Compliance Center is a Canadian provider of solutions for regulatory compliance in the transportation of dangerous goods and workplace safety. ICC Compliance Center specializes in labeling, packaging, training and consulting. They offer boxes, shipping kits, labels, placards, and more. "
target: iHazmat
iHazmat is a multiservice dangerous goods regulatory company in Canada. iHazmat provides certified online hazmat training, regulatory support and e-learning software technology. They offer regulatory compliance courses for lithium batteries transportation, dangerous goods transportation, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/18/2020 via BNC Analysis

TTC Group, acquired Licence Bureau

synopsis: Palatine-backed TTC Group has completed the bolt-on acquisition of licence checking and document verification business Licence Bureau. The strategic acquisition sees TTC Group broaden its corporate fleet customer base and further strengthen its compliance capability within its proprietary technology platform, Continuum. 
buyer parent: Palatine Private Equity
buyer: TTC Group
TTC Group is a leading provider of driver and cycling education in the UK. Founded in 1993, TTC offers the national speed awareness courses as well as a full suite of driver risk management services, compliance and driver education courses across the UK. "
target: Licence Bureau
Founded in 2003, Licence Bureau provides licence checking and document verification services for SMEs and large corporations. The company has one of the UK’s largest corporate fleet client bases, with more than 1,400 companies utilising its services, including over 20 per cent of FTSE 100 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/13/2019 via Company Press Release

Oakley Capital Investments Limited, will acquire Seagull AS

synopsis: Herkules Capital has entered into an agreement to sell Seagull Maritime AS to a fund managed by Oakley Capital. Seagull is the leading provider of competence & training management solutions for the maritime industry. The company was established in 1996 and is based in Horten, Norway.
buyer parent: Oakley Capital Limited
buyer: Oakley Capital Investments Limited (OCL:$88.88)
Oakley Capital Investments Limited ("OCI"), an AIM listed company, seeks to provide investors with long term capital appreciation, through its investment in the Funds of Oakley Capital Private Equity and through co-investment opportunities. "
target parent: Herkules Capital
target: Seagull AS
Norway-based Seagull Maritime AS is the leading provider of competence management solutions and e-learning material for seafarers worldwide and offers a comprehensive library of training and onboard courses for regulatory compliance and improved seafarer knowledge.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2015 via Company Press Release

Seagull Oil & Gas, acquired ExTek As

synopsis: Seagull Oil & Gas has acquired all the shares in the EX training provider, ExTek AS. The company is Norway’s only centre approved to validate core competency of oil & gas industry employees and contract staff under the globally recognized CompEx Scheme.
buyer parent: GMT Communications Partners
buyer: Seagull Oil & Gas
Seagull Oil & Gas is a world class provider of off-the-shelf training and competence management solutions for the oil and gas industry. Their mission is to offer their clients best value for money by delivering solutions that reduce cost, improve safety and increase knowledge. "
target: ExTek As
Extek AS is a training and education center and was established in January 2014 and headquartered in Bryne. Extek AS has together with standard setters, working personnel and the oil and gas industry concluded that Compex is the course concept that gives the best outcome for all parties.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/7/2020 via PR Newswire

Health & Safety Institute, acquired SOS Intl

synopsis: Health & Safety Institute (HSI), a recognized leader in Environmental, Health and Safety (EHS) software, training, and compliance solutions, announced it has acquired leading energy utilities training and compliance provider, SOS Intl.
buyer parent: Waud Capital Partners, LLC
buyer: Health & Safety Institute
The Health & Safety Institute (HSI) is a family of well-known and respected brands in the Environmental Health and Safety (EH&S) space. Its brands span the broad range of needs in EH&S – from emergency care training; to workplace safety training, tracking and reporting; and more. "
target: SOS Intl
SOS Intl is a leading provider of training and advisory services to the power industry. SOS tracks and interprets NERC Reliability Standards and expertly translates them into customized education and advisory services, helping to manage risk and ensure reliability for the North American power grid.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/4/2014 via Company Press Release

Barbri, acquired Verisqil

synopsis: BARBRI, the largest provider of bar exam test preparation services in the world, acquired Verisqil, a Miami-based company that created professional certifications and training programs that set new industry standards for workplace competencies in high-risk fields.
buyer parent: Leeds Equity Partners
buyer: Barbri
Barbri is the largest provider of bar exam test preparation services in the world. The Company offers the premier bar exam preparation course to law students delivered by industry-leading professors with a focus on a proven, results-oriented teaching pedagogy. "
target: Verisqil
Verisqil specializes in building multi-disciplinary communities and constructing certification, training, specialized information and networking services and products to enhance the skills, knowledge, networks of the members of these communities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like COEX AS


read more

COEX AS

DNV GL

MarineCFO, Inc.

eCertify Pty Ltd

C-MAP Norway AS

BMT Group Limited

Ascenz Solutions Pte Ltd

Marorka

Intergis LLC

Loom Technologies

rideOS

UltraShipTMS

Automile

Navkonzept

Mobiliz

TruTac

Driver's Alert

Synovia Solutions

r2c Online Limited

Pointer Telocation Ltd.

read more

COEX AS

read more

Imatis AS

COEX AS

TUV Healthcare

read more

SafeinTrain GmbH

etamax space GmbH

Driving Dynamics Inc.

Procius Limited

Fortech Software Consulting, Inc.

Encari, LLC

iHazmat

Licence Bureau

Seagull AS

ExTek As

SOS Intl

Verisqil

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
  • 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: 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: LSE:RPS
 
 
 
 
 
 
 
 
RPS Group plc
RPS Group plc
RPS is a leading global professional services firm that works across six sectors: property, energy, transport, water, resources, defence and government services. They stand out for their clients by using deep expertise to solve problems that matter, making them easy to understand.
year
2019
rev ($mm)
$767.09
EBITDA ($mm)
$71.35
EBIT ($mm)
$44.78
Net Income ($mm)
$28.30
Employees
5556
  • drill down
  • watch