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M&A Deal Summary

CalAmp Acquires TRACKER Network

On February 25, 2019, CalAmp acquired technology hardware company TRACKER Network for 13M USD

Acquisition Highlights
  • This is CalAmp’s 2nd transaction in the Technology Hardware sector.
  • This is CalAmp’s 8th largest (disclosed) transaction.
  • This is CalAmp’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-02-25
Target TRACKER Network
Sector Technology Hardware
Buyer(s) CalAmp
Deal Type Add-on Acquisition
Deal Value 13M USD

Target

TRACKER Network

Middlesex, United Kingdom
TRACKER Network (UK) Ltd. engages in the field of vehicle tracking and telematics since 1993. With over a million market-leading security systems fitted to vehicles including passenger cars, motorcycles, HGVs, LCVs and plant and construction equipment, TRACKER is still leading the way. Unlike other devices, TRACKER’s unique technology can locate stolen vehicles anywhere, even when they are hidden in the underground, in a garage or shipping container and this is because it is the only tracking solution to combine GSM, VHF, and GPS.

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Buyer(S) 1

Buyer

CalAmp

Irvine, California, United States
Category Company
Founded 1981
Sector Technology Hardware
Employees887
Revenue 296M USD (2022)
DESCRIPTION

CalAmp is a provider of wireless communications solutions from an extensive portfolio of devices, scalable cloud service enablement platforms and targeted software applications. CalAmp was founded in 1981 and is based in Irvine, California.

DEAL STATS #
Overall 11 of 13
Sector: Technology Hardware M&A 2 of 3
Type: Add-on Acquisition M&A Deals 9 of 10
Country: United Kingdom M&A 1 of 2
Year: 2019 M&A 2 of 4
Size (of disclosed) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 LoJack Mexico

Mexico City, Mexico

Lo / Jack is the number one system worldwide in tracking systems and asset recovery thanks to its results. Its capacity has allowed the recovery of more than 600,000 vehicles worldwide. The Lo / Jack brand was born in Boston Massachusetts (USA) in 1986 and its technology, specially designed for the recovery of vehicles, is now present in more than 30 countries in America, Africa, and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Tantalum - Tracker

United Kingdom

Tantalum Corp. - Tracker is a stolen vehicle recovery business based in the UK.

Buy £10M
Mergr

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