M&A Deal Summary

Digi Acquires FreshTemp

On November 2, 2016, Digi acquired test/measurement equipment company FreshTemp

Acquisition Highlights
  • This is Digi’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Digi’s 6th transaction in the United States.
  • This is Digi’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2016-11-02
Target FreshTemp
Sector Test/Measurement Equipment
Buyer(s) Digi
Deal Type Add-on Acquisition

Target

FreshTemp

Pittsburgh, Pennsylvania, United States
FreshTemp is a provider of temperature monitoring and task management solutions for the food industry.

Search 201,292 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

Digi

Hopkins, Minnesota, United States

Category Company
Founded 1985
Sector Technology Hardware
Employees790
Revenue 445M USD (2023)
DESCRIPTION

Digi is the M2M solutions expert, combining products and services as end-to-end solutions to drive business efficiencies. The company provides a broad range of wireless products, a cloud computing platform tailored for devices, and development services to help customers get to market fast with wireless devices and applications. Its entire solution set is tailored to allow any device to communicate with any application, anywhere in the world. Digi was founded in 1985 and is based in Hopkins, Minnesota.


DEAL STATS #
Overall 10 of 17
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 10 of 17
State (Pennsylvania) 1 of 1
Country (United States) 6 of 13
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Etherios

Dallas, Texas, United States

Etherios, Inc. is a professional services firm and salesforce platinum partner focused on delivering cloud-based sales excellence solutions specifically tailored for the salesforce platform.

Sell $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 SMART Temps

Mishawaka, Indiana, United States

SMART Temps LLC is a provider of real-time foodservice temperature management for restaurant, grocery, education and hospital settings as well as real-time temperature management for pharmacy, blood bank and laboratory environments.

Buy -