M&A Deal Summary

Clarience Technologies Acquires Fleetilla

On January 6, 2022, Clarience Technologies acquired technology hardware company Fleetilla

Acquisition Highlights
  • This is Clarience Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Clarience Technologies’ 4th transaction in the United States.
  • This is Clarience Technologies’ 1st transaction in Michigan.

M&A Deal Summary
Date 2022-01-06
Target Fleetilla
Sector Technology Hardware
Buyer(s) Clarience Technologies
Deal Type Add-on Acquisition

Target

Fleetilla

Ann Arbor, Michigan, United States
website
Fleetilla is a telematics provider that serves commercial trucking and transportation for electric and autonomous vehicles. Fleetilla is based in Ann Arbor, Michigan.

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Buyer(S) 1

Buyer

Clarience Technologies

Falconer, New York, United States

website

Category Company
Founded 1955
Sector Automotive
DESCRIPTION

Clarience Technologies is a family of brands focused on bringing total visibility to commercial and recreational transportation. Through its data and insights, Clarience improves fleet management, streamlines supply chains and enhances safety on and off the road. And for decades, its collaborative, transparent approach has been turning customers into long-term partners. Clarience Technologies was founded in 1955 and is based in Falconer, New York.

DEAL STATS #
Overall 5 of 6
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 5 of 6
State (Michigan) 1 of 1
Country (United States) 4 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-29 LED Autolamps

Bundoora, Australia

LED Autolamps is an Australian-based provider of commercial truck, trailer and off-highway LED lighting solutions sold in Australia, New Zealand, and Europe. LED Autolamps is based in Bundoora, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-15 Safe Fleet

Belton, Missouri, United States

Safe Fleet is a provider of safety solutions for fleet vehicles. Safe Fleet owns a portfolio of brands that help its customers improve the safety and efficiency of their fleets, their operators, passengers and pedestrians. Safe Fleet was founded in 2013 and is based in Belton, Missouri.

Buy -
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