Omnitracs - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Omnitracs M&A Summary

Omnitracs has acquired 6 companies of its own, including 3 in the last 5 years.

Omnitracs’ largest acquisition to date was in 2014, when it acquired XRS for $178M. Omnitracs has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include software (50%) and business services (17%).

Omnitracs Ownership

Who owns Omnitracs?

Omnitracs is owned by Solera Holdings. It was acquired on May 17, 2021.

Was Omnitracs formerly PE-backed?

Yes. Omnitracs was formerly owned by 1 private investor.

Omnitracs Business Overview

Where is Omnitracs headquartered?

Omnitracs is headquartered in Dallas, Texas.

What sector is Omnitracs in?

Omnitracs is a software company.

When was Omnitracs founded?

Omnitracs was founded in 1988.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

Omnitracs

Omnitracs LLC

717 North Harwood Street, Suite 1300,
Dallas, Texas 75201
United States,
(469) 801-6664
www.omnitracs.com

Omnitracs is a provider of fleet management software applications, information services, and hardware platforms. The company’s intuitive technologies, including solutions for safety and compliance, fuel efficiency, driver retention, GPS fleet tracking, and fleet maintenance, enable its customers to solve common fleet problems and achieve their business objectives. Omnitracs pioneered the fleet telematics industry over 25 years ago and continues to serve over 2,500 private and for-hire fleet customers and more than 270,000 vehicles throughout North American and Latin America. Omnitracs was founded in 1988 and is based in Dallas, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 4 2 - - - - 6
vol $178M $178M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
SmartDrive Systems, Inc. 2020-09-09 - Add-on Acquisition
San Diego, California · www.smartdrive.net
VisTracks, Inc. 2020-05-11 - Add-on Acquisition
Lisle, Illinois · www.vistracks.com
Blue Dot Solutions 2019-03-14 - Add-on Acquisition
Denver, Colorado · www.bluedotsolutions.com
Shaw Tracking 2017-06-01 - Divestiture
Mississauga, Ontario · www.shawtracking.ca
XRS Corp. 2014-09-02 178M USD Add-on Acquisition
Eden Prairie, Minnesota · www.xrscorp.com
Roadnet Technologies, Inc. 2013-12-20 - Add-on Acquisition
Baltimore, Maryland · www.roadnet.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 3 (50%) 178M (100%) - -
Business Services 1 (17%) - - -
Information Technology 1 (17%) - - -
Internet Software and Services 1 (17%) - - -
Total 6 $178M - -

By Geo

State/Country Buy Value Sell Value
United States 5 178M - -
  Illinois 1 - - -
  Colorado 1 - - -
  California 1 - - -
  Minnesota 1 178M - -
  Maryland 1 - - -
Canada 1 - - -
  Ontario 1 - - -
Domestic 5 (83%) 178M (100%) - -
Cross-border 1 (17%) - - -
Total 6 $178M - -

Top M&A Advisors

Financial Deals
Jefferies
1
Legal Deals
Kirkland & Ellis
2

Deal Values

buy # Total
$100M to $1B 1 $178M
TOTAL $178M
Largest XRS Corp.
$178M (2014-09-02)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
1 (17%)

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