M&A Deal Summary

Concept Safety Systems Acquires Locatrix Communications

On May 28, 2018, Concept Safety Systems acquired software company Locatrix Communications

Acquisition Highlights
  • This is Concept Safety Systems’ 1st transaction in the Software sector.
  • This is Concept Safety Systems’ 1st transaction in Australia.

M&A Deal Summary

Date 2018-05-28
Target Locatrix Communications
Sector Software
Buyer(s) Concept Safety Systems
Deal Type Add-on Acquisition

Target

Locatrix Communications

Brisbane, Australia
Locatrix Communications is a developer of mobile and location based software. Locatrix Communications was established in 2003 and is based in Brisbane, Australia.

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Buyer(S) 1

Buyer

Concept Safety Systems

Sydney, Australia

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Concept Safety Systems is a SaaS (Software-as-a-Service) company, and emergency management, safety and compliance technology businesses. Concept Safety Systems was established in 2009 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2018 M&A 1 of 1