M&A Deal Summary

Enghouse Systems Acquires Locus AS

On February 7, 2013, Enghouse Systems acquired transportation company Locus AS for 14M USD

Acquisition Highlights
  • This is Enghouse Systems’ 1st transaction in the Transportation sector.
  • This is Enghouse Systems’ 15th largest (disclosed) transaction.
  • This is Enghouse Systems’ 1st transaction in Norway.

M&A Deal Summary

Date 2013-02-07
Target Locus AS
Sector Transportation
Buyer(s) Enghouse Systems
Deal Type Add-on Acquisition
Deal Value 14M USD
Advisor(s) EOC Partners LLP (Financial)

Target

Locus AS

Sandefjord, Norway
Locus is a leading provider of fleet management solutions for the Public Safety and Transportation & Logistics sectors in the Scandinavian market.

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Buyer(S) 1

Buyer

Enghouse Systems

Markham, Ontario, Canada

Category Company
Founded 1984
Sector Software
Employees1,932
Revenue 502M CAD (2024)
DESCRIPTION
Enghouse Systems' corporate headquarters in Markham, Ontario.
Enghouse Systems' corporate headquarters in Markham, Ontario.

Enghouse Systems is a developer of software products for Automated Mapping/Facilities Management/Geographic Information Systems ('AM/FM/GIS') for the telecommunications and utilities industries. Enghouse Systems was founded in 1984 and is based in Markham, Ontario.


DEAL STATS #
Overall 13 of 53
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 13 of 47
Country: Norway M&A 1 of 2
Year: 2013 M&A 1 of 4
Size (of disclosed) 15 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 Albatross Scandinavia AB

Stockholm, Sweden

Albatross Scandinavia AB is a provider of real-time, IN (Intelligent Network) platform that delivers voice and SMS routing products to telecom operators in nine countries. The solutions are provided via a managed services model and support a wide range of protocols and applications for traditional TDM, as well as next generation SIP, ENUM and IMS protocols.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-09 Safeharbor Knowledge Solutions

Satsop, Washington, United States

Safeharbor Knowledge Solutions is a provider of fully-managed Web Self Service (WSS) software solutions decrease enterprise customers' inbound telephone, email and chat requests resulting in significant saving to the customer. SafeHarbor’s flagship WSS software is a call deflection tool that works by answering end-user’s questions through the company’s website, rather than through direct, personal contact.

Buy -