M&A Deal Summary

Fleetmatics Group Acquires Inosat – Consultoria Informática S.A

On September 7, 2016, Fleetmatics Group acquired internet software and services company Inosat – Consultoria Informática S.A

Acquisition Highlights
  • This is Fleetmatics Group’s 5th transaction in the Internet Software and Services sector.
  • This is Fleetmatics Group’s 1st transaction in Portugal.

M&A Deal Summary

Date 2016-09-07
Target Inosat – Consultoria Informática S.A
Sector Internet Software and Services
Buyer(s) Fleetmatics Group
Deal Type Add-on Acquisition

Target

Inosat – Consultoria Informática S.A

Lisbon, Portugal
Inosat – Consultoria Informática, S.A is a SaaS-based provider of fleet management solutions in Portugal.

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Buyer(S) 1

Buyer

Fleetmatics Group

Wellesley Hills, Massachusetts, United States

Category Company
Sector Internet Software and Services
Employees1,151
Revenue 285M USD (2015)
DESCRIPTION

Fleetmatics Group PLC is a global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS). The Company's solutions enable businesses to meet the challenges associated with managing local fleets, and improve the productivity of their mobile workforces, by extracting actionable business intelligence from real-time and historical vehicle and driver behavioral data. Fleetmatics group's Web-based solutions provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce, enabling them to reduce operating and capital costs, as well as increase revenue.


DEAL STATS #
Overall 6 of 7
Sector (Internet Software and Services) 5 of 5
Type (Add-on Acquisition) 6 of 7
Country (Portugal) 1 of 1
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Visirun

Ferrara, Italy

Visirun S.p.A. is a SaaS based provider of fleet management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-02 TrackEasy Oy

Helsinki, Norway

TrackEasy Oy is a provider of fleet management software provider in Germany and Poland.

Buy -