M&A Deal Summary

Lifeloc Technologies Acquires Track Group - R.A.D.A.R

On March 17, 2017, Lifeloc Technologies acquired test/measurement equipment company Track Group - R.A.D.A.R from Track Group

Acquisition Highlights
  • This is Lifeloc Technologies’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Lifeloc Technologies’ 1st transaction in the United States.
  • This is Lifeloc Technologies’ 1st transaction in Utah.

M&A Deal Summary

Date 2017-03-17
Target Track Group - R.A.D.A.R
Sector Test/Measurement Equipment
Buyer(s) Lifeloc Technologies
Sellers(s) Track Group
Deal Type Divestiture

Target

Track Group - R.A.D.A.R

Salt Lake City, Utah, United States
The R.A.D.A.R. (Real-Time Alcohol Detection and Recognition Product) device is one of the most comprehensive alcohol offender monitoring systems available today. It is a fuel cell-based breath alcohol testing system with 24/7 monitoring and reporting capability. R.A.D.A.R. units include two forms of biometrics to confirm the identity of the subscriber.

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Buyer(S) 1

Buyer

Lifeloc Technologies

Wheat Ridge, Colorado, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

Lifeloc Technologies, Inc. is a manufacturer of an evidential breath alcohol testers and related training and supplies for Workplace, Law Enforcement, Corrections and International customers.


DEAL STATS #
Overall 1 of 1
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Track Group

Salt Lake City, Utah, United States

Category Company
Sector Technology Hardware
Employees206
DESCRIPTION

Track Group, Inc. is a provider of global tracking and monitoring services.


DEAL STATS #
Overall 1 of 1
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-26 G2 Research

Dartmouth, Nova Scotia, Canada

G2 Research Ltd. is a provider of analytical software with solutions ranging from data analysis and reporting to advanced predictive analytics.

Buy CA$5M