M&A Deal Summary

CalAmp Acquires Synovia Solutions

On April 15, 2019, CalAmp acquired software company Synovia Solutions for 50M USD

Acquisition Highlights
  • This is CalAmp’s 1st transaction in the Software sector.
  • This is CalAmp’s 4th largest (disclosed) transaction.
  • This is CalAmp’s 8th transaction in the United States.
  • This is CalAmp’s 1st transaction in Indiana.

M&A Deal Summary
Date 2019-04-15
Target Synovia Solutions
Sector Software
Buyer(s) CalAmp
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Synovia Solutions

Indianapolis, Indiana, United States
Synovia Solutions LLC is a software-powered, GPS-driven smart fleet technology applications company that helps customer increase savings, enhance safety and improve service. Synovia provides digital services that deliver essential real-time data and tailored reporting for smarter fleet management. Synovia Solutions LLC was founded in 1991 and is based in Indianapolis, Indiana.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CalAmp

Irvine, California, United States
Category Company
Founded 1981
Sector Technology Hardware
Employees887
Revenue 296M USD (2022)
DESCRIPTION

CalAmp is a provider of wireless communications solutions from an extensive portfolio of devices, scalable cloud service enablement platforms and targeted software applications. CalAmp was founded in 1981 and is based in Irvine, California.

DEAL STATS #
Overall 13 of 13
Sector (Software) 1 of 1
Type (Add-on Acquisition) 10 of 10
State (Indiana) 1 of 1
Country (United States) 8 of 8
Year (2019) 4 of 4
Size (of disclosed) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Tantalum - Tracker

United Kingdom

Tantalum Corp. - Tracker is a stolen vehicle recovery business based in the UK.

Buy £10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 LoJack

Irvine, California, United States

LoJack is a provider of vehicle theft recovery systems and advanced fleet management solutions. LoJack was founded in 1986 and is based in Irvine, California.

Sell -
Mergr

Product

Company

Legal