M&A Deal Summary

Clarience Technologies Acquires LED Autolamps

On November 29, 2021, Clarience Technologies acquired automotive company LED Autolamps

Acquisition Highlights
  • This is Clarience Technologies’ 1st transaction in the Automotive sector.
  • This is Clarience Technologies’ 1st transaction in Australia.

M&A Deal Summary

Date 2021-11-29
Target LED Autolamps
Sector Automotive
Buyer(s) Clarience Technologies
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Clarience Technologies

Southfield, Michigan, United States

Category Company
Founded 1955
Sector Automotive
DESCRIPTION

Clarience Technologies is a producer of forward and safety lighting, wiring harnesses, turn signal switches and safety accessories for the medium- and heavy-duty truck, trailer and commercial vehicle industries. The company also designs and manufactures Road Ready® telematics systems for heavy- and light-duty trailers and off-road industrial usage; fuel filtration and water separation systems; and rugged LED lighting for the off-road and marine industries. Clarience Technologies was founded in 1955 and is based in Southfield, Michigan.


DEAL STATS #
Overall 4 of 6
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Australia M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 ECCO Safety Group

Boise, Idaho, United States

ECCO Safety Group is a provider of audible warning equipment and emergency lighting for commercial and emergency vehicles and home to brands like ECCO and Code 3. ECCO Safety Group is based in Boise, Idaho.

Buy -
FOLLOWING DEAL
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 -