M&A Deal Summary

Gentex Acquires BioConnect

On November 17, 2025, Gentex acquired information technology company BioConnect

Acquisition Highlights
  • This is Gentex’s 1st transaction in the Information Technology sector.
  • This is Gentex’s 2nd transaction in Canada.
  • This is Gentex’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2025-11-17
Target BioConnect
Sector Information Technology
Buyer(s) Gentex
Deal Type Add-on Acquisition

Target

BioConnect

Toronto, Ontario, Canada
BioConnect is a provider of biometric and multi-modal authentication solutions, offering a platform that enables organisations to unify access control across physical and digital domains using technologies like facial recognition, fingerprint readers, mobile biometrics, and cards. BioConnect was founded in 2010 and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Gentex

Zeeland, Michigan, United States

Category Company
Founded 1974
Sector Automotive
Employees6,184
Revenue 2.3B USD (2024)
DESCRIPTION
Gentex's corporate headquarters in Zeeland, Michigan.
Gentex's corporate headquarters in Zeeland, Michigan.

Gentex is a provider of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the global fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Gentex was founded in 1974 and is based in Zeeland, Michigan.


DEAL STATS #
Overall 9 of 9
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 7
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-18 VOXX International

Orlando, Florida, United States

VOXX International is a consumer electronics company that designs, manufactures, and distributes a wide range of products including automotive entertainment systems, home audio equipment, and security solutions. It is focused on innovation, investing in research and development to create cutting-edge products to meet the needs of today's tech-savvy consumers. VOXX International was founded in 1960 and is based in Orlando, Florida.

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