M&A Deal Summary

iCabbi Acquires Mobile Knowledge

On December 10, 2019, iCabbi acquired software company Mobile Knowledge from CMT Group

Acquisition Highlights
  • This is iCabbi’s 1st transaction in the Software sector.
  • This is iCabbi’s 1st transaction in Canada.
  • This is iCabbi’s 1st transaction in Ontario.

M&A Deal Summary

Date 2019-12-10
Target Mobile Knowledge
Sector Software
Buyer(s) iCabbi
Sellers(s) CMT Group
Deal Type Divestiture

Target

Mobile Knowledge

Kanata, Ontario, Canada
Mobile Knowledge is committed to delivering innovative dispatch solutions to the For-Hire industry. The Mobile Knowledge product portfolio includes enterprise-class software to automate your call center, and rugged, purpose-built in-vehicle computing platforms to connect with your drivers or members.

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Buyer(S) 1

Buyer

iCabbi

Dublin, Ireland

Category Company
Founded 2010
Sector Software
DESCRIPTION

iCabbi is a provider of cloud-based taxi dispatch programs throughout Europe and North America. iCabbi has 700 customer fleets, powering over 100,000 taxis in the USA, Canada, Ireland, UK, Finland, and Australia, with its cloud-based Taxi 360 platform.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

CMT Group

Long Island City, New York, United States

Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

CMT Group (Creative Mobile Technologies) provides technology solutions offering a wide range of taxi technologies and enhancements, including credit and debit card processing, media and advertising content, accessibility innovations, text messaging, interactive passenger maps, GPS, electronic trip sheets, back-office fleet management systems and passenger information technologies for the global transportation industry.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1