M&A Deal Summary

Fleet Complete Acquires Securatrak Pty

On October 31, 2016, Fleet Complete acquired technology hardware company Securatrak Pty

Acquisition Highlights
  • This is Fleet Complete’s 1st transaction in the Technology Hardware sector.
  • This is Fleet Complete’s 1st transaction in South Africa.

M&A Deal Summary

Date 2016-10-31
Target Securatrak Pty
Sector Technology Hardware
Buyer(s) Fleet Complete
Deal Type Add-on Acquisition

Target

Securatrak Pty

Adelaide, South Africa
Securatrak Pty Ltd. is a provider of an advanced GPS tracking hardware and software solutions for organizational fleets throughout Australasia. With both passive and live data transfer methods available in its product portfolio, Securatrak provides custom GPS Tracking solutions, tailored to client requirements.

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Buyer(S) 1

Buyer

Fleet Complete

Toronto, Ontario, Canada

Category Company
Sector Software
DESCRIPTION

Fleet Complete is a provider of fleet, asset and mobile workforce management solutions and offers its software as a service to approximately 5,000 customers globally. Fleet Complete is based in Toronto, Ontario.


DEAL STATS #
Overall 3 of 4
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: South Africa M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-07 ITmobile

Sint-Martens-Latem, Belgium

ITmobile is an innovative fleet telematics company with nearly 1000 customers throughout Western Europe. It provides 100% reliable, factual data ITmobile makes organizations more transparent and efficient.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-22 BigRoad

Kitchener, Ontario, Canada

BigRoad, Inc. is a provider of hours-of-service (HOS) and regulatory compliance solutions. BigRoad’s ELD-ready DashLink is the most reliable and affordable solution available to ensure ELD mandate compliance. With over 480,000 downloads, the BigRoad Mobile App is the number one electronic logging app for drivers on Android and iOS.

Buy -