M&A Deal Summary

AddSecure Acquires RTL Telematics

On November 2, 2020, AddSecure acquired information technology company RTL Telematics

Acquisition Highlights
  • This is AddSecure’s 2nd transaction in the Information Technology sector.
  • This is AddSecure’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2020-11-02
Target RTL Telematics
Sector Information Technology
Buyer(s) AddSecure
Deal Type Add-on Acquisition

Target

RTL Telematics

Glossop, United Kingdom
RTL Telematics is a custom telematics specialist for the commercial vehicle marketplace providing sophisticated management tools that capture and analyse vehicle and driver data to optimise fleet safety and efficiency. RTL Telematics is based in Glossop, United Kingdom.

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Buyer(S) 1

Buyer

AddSecure

Stockholm, Sweden

Category Company
Founded 1979
Sector Information Technology
Employees330
DESCRIPTION

AddSecure is a provider of IoT solutions with a focus on secure critical communications and data. AddSecure offers solutions within Smart Alarms, Smart Rescue, Smart Grids and Smart Transport. AddSecure was founded in 1979 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 3 of 3
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-21 Connexas Group

Northampton, United Kingdom

Connexas Group provides connected vehicle technology and fleet management solutions throughout the UK, EU, North America, and Australia. With end-to-end technology solutions spanning full journey and delivery management, high definition camera systems, and driving performance applications, Connexas empowers fleets to become smarter, safer, and more efficient. Connexas was formed in 2017 and is based in Northampton, United Kingdom.

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