M&A Deal Summary

BSM Technologies Acquires Mobi

On October 4, 2016, BSM Technologies acquired software company Mobi for 8M USD

Acquisition Highlights
  • This is BSM Technologies’ 4th transaction in the Software sector.
  • This is BSM Technologies’ largest (disclosed) transaction.
  • This is BSM Technologies’ 3rd transaction in the United States.
  • This is BSM Technologies’ 1st transaction in Texas.

M&A Deal Summary
Date 2016-10-04
Target Mobi
Sector Software
Buyer(s) BSM Technologies
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Mobi

Austin, Texas, United States
Mobi is a privately-held software provider with a core product offering of several modules utilizing GPS data and analytics to enable its customers to better manage operational activities such as planning, scheduling, routing and dispatch. As an example, mobi.Route uses Mobi’s proprietary technology to reduce mileage and increase on time arrival allowing users to balance operational costs and customer satisfaction.

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Buyer(S) 1

Buyer

BSM Technologies

Toronto, Ontario, Canada
Category Company
Founded 1996
Sector Software
Employees251
Revenue 59M CAD (2018)
DESCRIPTION

BSM Technologies, Inc. is a provider of remote monitoring, fleet tracking and fleet maintenance and a business intelligence engine providing real time web-based tracking of mobile and fixed assets. BSM provides solutions for commercial, government, and law enforcement organizations who manage and operate diverse assets and large fleets, and who seek to enhance customer service, improve the safety of their drivers and vehicles, and lower business costs. BSM Technologies Inc. was founded in 1996 and is headquartered in Toronto, Ontario. BSM Technologies, Inc. was founded in 1996 and is headquartered in Toronto, Canada.

DEAL STATS #
Overall 5 of 5
Sector (Software) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-30 Webtech Wireless

Burnaby, British Columbia, Canada

Webtech Wireless is a provider of vehicle fleet location-based services (LBS) and telematics technology. Company develops, manufactures and supports end-to-end wireless solutions that improve the productivity, profitability, environmental compliance and safety of vehicle fleets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 JMM Global

Elgin, Illinois, United States

JMM Global is a SaaS organization committed to the success of its clients. JMM Global provides environmental compliance management, fuel inventory management, mobile inspection surveys, and 24/7/365 call center services via a comprehensive software platform and service center. JMM Global assists organizations in the retail, government, waste management, and fleet industries with the optimization of operations and mitigation of risk from fines and violations.

Sell -
Mergr

Product

Company

Legal