M&A Deal Summary

Lytx Acquires RAIR Technologies

On November 17, 2011, Lytx acquired internet software and services company RAIR Technologies

Acquisition Highlights
  • This is Lytx’s 1st transaction in the Internet Software and Services sector.
  • This is Lytx’s 1st transaction in the United States.
  • This is Lytx’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2011-11-17
Target RAIR Technologies
Sector Internet Software and Services
Buyer(s) Lytx
Deal Type Add-on Acquisition

Target

RAIR Technologies

Brookfield, Wisconsin, United States
website
RAIR Technologies, LLC is a provider of regulatory compliance solutions for DOT-regulated fleets. RAIR allows fleet operators to efficiently manage hours-of-service logs, CSA safety scores, driver qualification and vehicle inspection requirements.

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Buyer(S) 1

Buyer

Lytx

San Diego, California, United States

website


Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

Lytx is a provider of all-in-one video telematics, analytics, safety, and productivity solutions for commercial, public sector, and field services fleets. Lytx customizable services and programs span driver safety, risk detection, fleet tracking, compliance, and fuel management. Lytx was founded in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1