M&A Deal Summary

Intoxalock Acquires Oklahoma Automotive Safety Systems

On January 27, 2016, Intoxalock acquired distribution company Oklahoma Automotive Safety Systems

Acquisition Highlights
  • This is Intoxalock’s 1st transaction in the Distribution sector.
  • This is Intoxalock’s 1st transaction in the United States.
  • This is Intoxalock’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2016-01-27
Target Oklahoma Automotive Safety Systems
Sector Distribution
Buyer(s) Intoxalock
Deal Type Add-on Acquisition

Target

Oklahoma Automotive Safety Systems

Guymon, Oklahoma, United States
Oklahoma Automotive Safety Systems, Inc. is a distributor for Intoxalock's ignition interlock devices.

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Buyer(S) 1

Buyer

Intoxalock

Des Moines, Iowa, United States

Category Company
Founded 1992
Sector Technology Hardware
DESCRIPTION

Intoxalock is a provider of ignition interlock devices, which are breathalyzers installed in vehicles to prevent ignition by intoxicated drivers. Intoxalock pioneered the development of fuel cell technology in IIDs, and continues to combat drunk driving with the most innovative solutions in the market. Intoxalock was founded in 1992 and is based in Des Moines, Iowa.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1