M&A Deal Summary

Clarience Technologies Acquires Rigid Industries

On February 2, 2015, Clarience Technologies acquired electrical equipment company Rigid Industries

Acquisition Highlights
  • This is Clarience Technologies’ 1st transaction in the Electrical Equipment sector.
  • This is Clarience Technologies’ 1st transaction in the United States.
  • This is Clarience Technologies’ 1st transaction in Arizona.

M&A Deal Summary

Date 2015-02-02
Target Rigid Industries
Sector Electrical Equipment
Buyer(s) Clarience Technologies
Deal Type Add-on Acquisition

Target

Rigid Industries

Mesa, Arizona, United States
Rigid Industries, Inc. is a manufacturer of LED lighting.

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Buyer(S) 1

Buyer

Clarience Technologies

Falconer, New York, United States

Category Company
Founded 1955
Sector Automotive
DESCRIPTION

Clarience Technologies is a family of brands focused on bringing total visibility to commercial and recreational transportation. Through its data and insights, Clarience improves fleet management, streamlines supply chains and enhances safety on and off the road. And for decades, its collaborative, transparent approach has been turning customers into long-term partners. Clarience Technologies was founded in 1955 and is based in Falconer, New York.


DEAL STATS #
Overall 1 of 6
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 6
State (Arizona) 1 of 1
Country (United States) 1 of 5
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-12 Lumitec

Delray Beach, Florida, United States

Lumitec LLC is a premier supplier of LED lighting for the marine industry. Lumitec supplies deck, underwater, interior, navigation, and specialty lighting to more than 250 boat builders worldwide.

Buy -