M&A Deal Summary

Axios Mobile Assets Acquires Axsense

On November 18, 2015, Axios Mobile Assets acquired technology hardware company Axsense

Acquisition Highlights
  • This is Axios Mobile Assets’ 1st transaction in the Technology Hardware sector.
  • This is Axios Mobile Assets’ 1st transaction in Canada.
  • This is Axios Mobile Assets’ 1st transaction in Ontario.

M&A Deal Summary

Date 2015-11-18
Target Axsense
Sector Technology Hardware
Buyer(s) Axios Mobile Assets
Deal Type Add-on Acquisition

Target

Axsense

Ontario, Canada
Axsense has developed a proprietary sensor and system which Axios believes will enhance its pallet systems by adding a device that can provide temperature sensing, and potentially also shock sensing, CO2 sensing and GPS sensing.

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Buyer(S) 1

Buyer

Axios Mobile Assets

Mississauga, Ontario, Canada

Category Company
Sector Transportation
DESCRIPTION

Axios Mobile Assets Corp. is a logistics enabler, featuring next generation, bio-based pallet technology, which can be bundled with its proprietary tracking and information system that helps improve the value chain in the logistics market. The Axios bundled offering is gaining market acceptance based on its unique attributes: lower total cost, longer useful life, customized configurations and a revenue stream through carbon credit generation, monitoring and the monetizing of carbon emissions reductions.


DEAL STATS #
Overall 2 of 2
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-13 Mobius Logistics

Ithaca, New York, United States

Mobius Logistics, Inc. an industry major supply chain, freight and management services provider.

Buy -