M&A Deal Summary

DSG Global Acquires MTG

On June 29, 2021, DSG Global acquired automotive company MTG

Acquisition Highlights
  • This is DSG Global’s 1st transaction in the Automotive sector.
  • This is DSG Global’s 1st transaction in Canada.
  • This is DSG Global’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-06-29
Target MTG
Sector Automotive
Buyer(s) DSG Global
Deal Type Add-on Acquisition

Target

MTG

Toronto, Ontario, Canada
MTG renders complete service & provides satisfaction to customers by having experienced staff in worldwide vehicle markets. The company has achieved complete customer satisfaction through professional quality service which starts from the initial purchase. Its specialization of trading vehicles across the world makes the process simplified for all customers, based on their requirements by having contracts with the most reputable international shipping agencies capable of delivering commodities to the customer with a high degree of safety, Extensive network, fast track channels, Special arrangements like air freight, organization of proper Documentation, Insurance coverage, Bill of Ladings which enable smooth logistics & result in Prompt Deliveries. MTG is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

DSG Global

Surrey, British Columbia, Canada

Category Company
Sector Automotive
Employees40
Revenue 4M USD (2022)
DESCRIPTION

DSG Global is a global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement, and electric golf carts under the Vantage Tag Systems (VTS) brand, the Company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary. DSG Global is based in Surrey, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1