EROAD - M&A Summary and Business Overview

Information TechnologyCompany

EROAD M&A Summary

EROAD has acquired 1 company, including 1 in the last 5 years.

EROAD’s largest acquisition to date was in 2021, when it acquired Coretex for $120M. EROAD has acquired in 1 US state. The Company’s most targeted sectors include information technology (100%).

EROAD Business Overview

Where is EROAD headquartered?

EROAD is headquartered in Auckland, New Zealand.

What is EROAD’s revenue?

EROAD disclosed revenue of 85M NZD for 2021 and 114M NZD for 2020.

What sector is EROAD in?

EROAD is an information technology company.

When was EROAD founded?

EROAD was founded in 2000.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

EROAD

EROAD Ltd.

260 Oteha Valley Road Level 3 Albany,
Auckland, 0632
New Zealand,
+64 9 927 4700
www.eroadglobal.com

EROAD is an entity which develops and markets technology solutions to manage vehicle fleets, support regulatory compliance, improve driver safety and reduce the costs associated with operating a fleet of vehicles and inventory of assets. The company has a proven SaaS business model and is experiencing continuous growth in installed units and revenue. It has operations in New Zealand, North America, and Australia with customers ranging in size from small fleets through to large enterprise customers. EROAD was founded in 2000 and is based in Auckland, New Zealand.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - 1 - - - 1
vol $120M $120M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Coretex Ltd. 2021-07-14 120M NZD Add-on Acquisition
San Diego, California · www.coretex.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 1 (100%) 120M (100%) - -
Total 1 $120M - -

By Geo

State/Country Buy Value Sell Value
United States 1 120M - -
  California 1 120M - -
Total 1 $120M - -

Deal Values

buy # Total
$100M to $1B 1 $120M
TOTAL $120M
Largest Coretex Ltd.
$120M (2021-07-14)

Company Summary

SECTOR

Information Technology

Revenue

85   26% 2021
114   100% 2020
57   2750% 2019
2   2018
(millions of NZD) Show More Show Less

Established

2000

Public

Australia (ASX): ERD

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Information Technology Companies , New Zealand Companies

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