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M&A Deal Summary

Clearway Acquires LociLabs

On September 30, 2024, Clearway acquired information technology company LociLabs

Acquisition Highlights
  • This is Clearway’s 1st transaction in the Information Technology sector.
  • This is Clearway’s 3rd transaction in the United Kingdom.

M&A Deal Summary
Date 2024-09-30
Target LociLabs
Sector Information Technology
Buyer(s) Clearway
Deal Type Add-on Acquisition

Target

LociLabs

Bredbury, United Kingdom
LociLabs is an independent technology business that specializes in software architecture and development. It provides services that include cloud infrastructure design and maintenance, Neural Networks and AI pipelines, Custom ML models, training and deployments, and rapid prototyping of hardware and software solutions. LociLabs is based in Bredbury, United Kingdom.

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Buyer(S) 1

Buyer

Clearway

London, United Kingdom
Category Company
Founded 2016
Sector Safety/Security
DESCRIPTION

Clearway provides technology-led solutions, including CCTV and alarms, to monitor and secure vacant properties. The Business has nationwide operations in the UK and a strong presence in France. Clearway was founded in 2016 and is based in London, United Kingdom.

DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: United Kingdom M&A 3 of 3
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-14 SECONTEC

Hannover, Germany

SECONTEC is a prominent German supplier of remote video surveillance and CCTV towers. SECONTEC is based in Hannover, Germany.

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