M&A Deal Summary |
|
|---|---|
| Date | 2024-02-15 |
| Target | Safe Fleet |
| Sector | Safety/Security |
| Buyer(s) | Clarience Technologies |
| Sellers(s) | Oak Hill Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Automotive |
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 | 6 of 6 |
| Sector (Safety/Security) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 5 of 5 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-06 |
Fleetilla
Ann Arbor, Michigan, United States Fleetilla is a telematics provider that serves commercial trucking and transportation for electric and autonomous vehicles. Fleetilla is based in Ann Arbor, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 9.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Oak Hill Capital Partners was originally formed as the private equity investment vehicle for Robert Bass and in 1999, opened up to outside investors and raised its first private equity fund. Oak Hill looks to invest in middle-market companies and focuses its efforts within six industry groups. The six groups include basic industries; business and financial services; consumer, retail, and distribution; healthcare; media and telecom; and technology. Oak Hill targets businesses with defensible business models, strong market positions, and 'best-in-class' management. Oak Hill Capital was formed in 1986 and has offices in Stamford, Connecticut; Menlo Park, California; and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 55 |
| Sector (Safety/Security) | 3 of 3 |
| Type (Add-on Acquisition) | 23 of 23 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 46 of 46 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-04 |
Wire 3
Daytona Beach, Florida, United States Wire 3 is a fiber optic internet provider dedicated to delivering lightning-fast connectivity and exceptional customer service. Wire 3 is based in Daytona Beach, Florida. |
Buy | - |
