Like TSO Mobile

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 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
closed 7/9/2021 via Company Press Release

Descartes Systems Group Inc., acquired GreenMile

synopsis: Descartes Systems Group has acquired GreenMile, a company that provides a SaaS-based end-to-end enterprise platform that provides customers with route execution, real-time dispatching, actual versus plan reporting, work order management, and vehicle telematics along with a full service territory planning and route optimization consulting division.
buyer: Descartes Systems Group Inc. (DSGX:$363.80)
Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use their modular, software-as-a-service solutions to complete numerous logistics processes. "
target: GreenMile
GreenMile provides a SaaS-based end-to-end enterprise platform that provides customers with route execution, real-time dispatching, actual versus plan reporting, work order management, and vehicle telematics along with a full service territory planning and route optimization consulting division.
price ($mm)
$24
rev ($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 5/5/2021 via PR Web

W Energy Software, acquired Chorus Logistics

synopsis: W Energy Software, the new leader in upstream and midstream oil & gas SaaS ERP solutions, has acquired Chorus Logistics, a leading transportation management solutions company. Chorus Logistics provides cloud-based solutions for logistics, inventory management, invoicing, and more.
buyer parent: Waterfield Group
buyer: W Energy Software
W Energy Software is a leader in upstream and midstream oil & gas SaaS ERP solutions. W Energy Software helps companies to accelerate business performance and improve operational efficiency. Their software suite offers solutions for land management, production operations, forecasting, and more. "
target: Chorus Logistics
Chorus Logistics is a leading transportation management solutions company. Chorus Logistics offers innovative software and mobile solutions that optimize vital transportation, logistics and operations. They provide cloud-based solutions for logistics, inventory management, invoicing, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2021 via Company Press Release

TradeWindow, acquired Cyberfreight

synopsis: TradeWindow, an Australasian-based digital super-connector for global trade, has acquired Cyberfreight, a freight logistics software business in Australia. Cyberfreight offers a fully integrated software suite that helps freight forwarders to manage their logistics business more efficiently.
buyer: TradeWindow
TradeWindow is an Australasian-based digital super-connector with solutions to streamline global trade. TradeWindow is a digital trade platform that offers solutions for trade administration, compliance, certificates of origin, real-time tracking, risk management, and more. "
target: Cyberfreight
Cyberfreight is a freight logistics software business in Australia. Cyberfreight offers a fully integrated software suite that helps freight forwarders to manage their logistics business more efficiently. Their system provides superior visibility and control for each stage of the supply chain.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/13/2021 via BNC Analysis

Unifaun AB will be merged with Consignor,

synopsis: Unifaun, a leading Stockholm-based cloud Transport Administration Systems (“TAS”) platform, and Consignor, an Oslo-based cloud TAS platform, announced that they have entered into a definitive merger agreement. Unifaun provides innovative and high-quality cloud TAS solutions to carriers, shippers, and parcel recipients across the Europe.
buyer parent: Francisco Partners Management LLC
buyer: Consignor
Consignor supports their customers delivery processes by making it simpler, quicker, and cost-effective to ship orders to customers and by making delivery a competitive advantage. Consignor provides Transport Administration Systems (“TAS”) solutions, enabled through a wide-ranging carrier library. "
target parent: Marlin Equity Partners
target: Unifaun AB
Unifaun provides innovative and high-quality cloud Transport Administration Systems (“TAS”) solutions to carriers, shippers, and parcel recipients across the European transportation ecosystem. Unifaun handled more than 300 million shipments in the system in 2019.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/30/2020 via Company Press Release

ICT Group N.V., will acquire Yellowstar

synopsis: ICT Group N.V., a leading industrial technology solutions and services provider, will acquire Yellowstar, a Dutch provider of web-based supply chain solutions. Yellowstar connects, shortens and speed ups logistics chains and makes them fully predictable. Their logistics software enables companies to be more efficient and lower costs.
buyer parent: DPA Group NV
buyer: ICT Group N.V. (ENXTAM:ICT:$157.06)
ICT Group N.V., established in 1978, is a leading industrial technology solutions and services provider. Their specific industry knowledge of various markets enables them to realise innovative solutions and offer secondment of experienced and highly educated professionals. "
target: Yellowstar
Yellowstar is a Dutch provider of web-based supply chain solutions. Yellowstar connects, shortens and speed ups logistics chains and makes them fully predictable. Their logistics software enables retailers, logistics service providers, offshore companies and aviation companies to be more efficient.
price ($mm)
rev ($mm)
$10
EBITDA ($mm)
EV / rev
0.0x
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 8/21/2020 via Company Press Release

Magaya Corporation, acquired ACELYNK

synopsis: Magaya Corporation, the leading provider of end-to-end logistics and supply chain automation software, has acquired ACELYNK, a leader in customs compliance software for the logistics industry. Whether for a Customs Broker, Freight Forwarder, or Self-filer, they take pride in saving clients time, reducing costs and keeping businesses compliant.
buyer: Magaya Corporation
Magaya is a provider of end-to-end logistics and supply chain automation software. Their Magaya Supply Chain solution is a powerful ecosystem that enables logistics and supply chain businesses to streamline complex and redundant processes, optimize productivity, reduce costs, and grow revenue. "
target: ACELYNK
ACELYNK is a leader in customs compliance software for the logistics industry. Whether for a Customs Broker, Freight Forwarder, or Self-filer, they take pride in saving clients time, reducing costs and keeping businesses compliant.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/6/2020 via BNC Analysis

Marlin Equity Partners, acquired Unifaun AB

synopsis: Marlin Equity Partners, a global investment firm, is acquiring Unifaun from Vitruvian Partners. Unifaun is a market leader within Transport Management (TM) on the Nordic market, providing innovative TM systems of high quality that simplify and improve processes for the transport buyer as well as for the carrier.
buyer: Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management that is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. "
target parent: Vitruvian Partners LLP
target: Unifaun AB
Unifaun is a market leader within Transport Management (TM) on the Nordic market. With more than 20 years of experience they provide innovative TM systems of high quality that simplify and improve processes for the transport buyer as well as for the carrier.
price ($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 6/11/2020 via GlobeNewswire

Descartes Systems Group Inc., acquired Kontainers

synopsis: Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Kontainers, a leading provider of client-facing digital freight execution platforms.
buyer: Descartes Systems Group Inc. (DSGX:$363.80)
Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use their modular, software-as-a-service solutions to complete numerous logistics processes. "
target: Kontainers
Headquartered in the UK, Kontainers transforms the customer experience for carriers, freight forwarders and third-party logistics service providers around the world. Kontainers’ solutions facilitate a fully digital customer experience including quoting, booking, tracking and dashboard analytics.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2020 via BusinessWire

Expeditors, acquired Fleet Logistics

synopsis: Expeditors International of Washington, Inc., a leading provider of global logistics solutions, has acquired Fleet Logistics’ Digital Platform. The Fleet Transportation Management System helps businesses of all sizes, from startups to established enterprises, with reliable shipments, fair pricing, and unparalleled customer service.
buyer: Expeditors
Expeditors is a global logistics company with services that include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution, and customized logistics solutions. "
target: Fleet Logistics
Fleet is a digital freight forwarder offering end-to-end international and domestic freight shipping services, from instant rates & instant booking to freight management and delivery. The Fleet Transportation Management System helps businesses of all sizes with reliable shipments and fair pricing.
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 3/5/2020 via GlobeNewswire

Aptean, acquired Paragon Software Systems

synopsis: Aptean, a global leader of mission-critical enterprise software solutions, announced the acquisition of UK-based Paragon Software Systems, a market-leading provider of transportation management software solutions serving the food and beverage, distribution and retail industries.
buyer parent: Vista Equity Partners
buyer: Aptean
Aptean is a global provider of industry-specific software solutions. Aptean’s purpose-built Enterprise Resource Planning (ERP) and supply chain management solutions help address the unique challenges facing process and discrete manufacturers, distributors, and other focused organizations. "
target: Paragon Software Systems
UK-based Paragon Software Systems is a market-leading provider of transportation management software solutions serving the food and beverage, distribution and retail industries.
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 1/30/2020 via Company Press Release

Elemica, Inc., acquired Eyefreight

synopsis: Elemica, the leading Digital Supply Network for manufacturing industries, has acquired Eyefreight, a global leader in multi-modal SaaS Transportation Management Solutions (TMS). The Eyefreight TMS supports multi-national shippers by providing a single platform for central coordination and detailed data visibility over complex transport operations.
buyer parent: Eurazeo
buyer: Elemica, Inc.
Elemica is the leading Digital Supply Network for the process manufacturing industries. Elemica accelerates digital transformation by connecting, automating, anticipating and then transforming inter-business supply chain processes for the products they buy, sell, and move. "
target: Eyefreight
Eyefreight is a global leader in multi-modal SaaS Transportation Management Solutions (TMS). The Eyefreight TMS supports large, multi-national shippers by providing a single platform for central coordination and detailed data visibility over complex, global-wide transport operations.
price ($mm)
rev ($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 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 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 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 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 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:$3,133.80)
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. "
target: Veltec
Veltec is a leading fleet mobility provider, developing technologies that improve safety and reduce operational costs. Based in Londrina, Brazil, Veltec serves more than 900 companies.
price ($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 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

Like TSO Mobile


read more

TSO Mobile

Loom Technologies

GreenMile

rideOS

Chorus Logistics

Cyberfreight

Unifaun AB

Yellowstar

UltraShipTMS

Automile

ACELYNK

Unifaun AB

Navkonzept

Kontainers

Fleet Logistics

Mobiliz

TruTac

Paragon Software Systems

Driver's Alert

Eyefreight

read more

TSO Mobile

read more

TSO Mobile

GPSTrackIt

read more

TSO Mobile

Loom Technologies

rideOS

UltraShipTMS

Automile

Navkonzept

Mobiliz

TruTac

Driver's Alert

Synovia Solutions

r2c Online Limited

Pointer Telocation Ltd.

TomTom Telematics

Veltec

Trackit Consulting

Kitaro

WorkWave

CMS Transport Systems

Verilocation Inc.

NexTraq

Geography
Matching Companies
Ticker: ASX:WTC
 
 
 
 
 
 
 
 
WiseTech Global
WiseTech Global
WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. WiseTech’s flagship product, CargoWise One, forms an integral link in the global supply chain and executes over 34 billion data transactions annually.
year
2019
rev ($mm)
$235.38
EBITDA ($mm)
$68.84
EBIT ($mm)
$57.40
Net Income ($mm)
$36.58
Employees
1800
  • 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: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: 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:K2F
 
 
 
 
 
 
 
 
K2Fly
K2Fly
K2fly is an Australian provider of asset management software solutions. K2fly’s Infoscope Land Management System is an innovative solution that helps companies to maintain their ‘social license’ to operate on land. Their solutions power clients in the mining, infrastructure and utilities sectors.
year
2020
rev ($mm)
$4.01
EBITDA ($mm)
($1.50)
EBIT ($mm)
($1.52)
Net Income ($mm)
Employees
50
  • 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: 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:K2F
 
 
 
 
 
 
 
 
K2Fly
K2Fly
K2fly is an Australian provider of asset management software solutions. K2fly’s Infoscope Land Management System is an innovative solution that helps companies to maintain their ‘social license’ to operate on land. Their solutions power clients in the mining, infrastructure and utilities sectors.
year
2020
rev ($mm)
$4.01
EBITDA ($mm)
($1.50)
EBIT ($mm)
($1.52)
Net Income ($mm)
Employees
50
  • 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