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  5. Otodata Wireless Network Acquires WACnGO

M&A Deal Summary

Otodata Wireless Network Acquires WACnGO

On December 8, 2021, Otodata Wireless Network acquired software company WACnGO

Acquisition Highlights
  • This is Otodata Wireless Network’s 1st transaction in the Software sector.
  • This is Otodata Wireless Network’s 1st transaction in Israel.

M&A Deal Summary
Date 2021-12-08
Target WACnGO
Sector Software
Buyer(s) Otodata Wireless Network
Deal Type Add-on Acquisition

Target

WACnGO

Tel Aviv, Israel
WACnGO provides end-to-end telemetry solutions to best achieve logistic optimization and cost reduction for oil and gas distributors. It is capable of monitoring but is not limited to, propane, oil, gas tanks, and meter applications with options in Israel and South America. WACnGO was established in 2006 and is based in Tel-Aviv Israel, with subsidiary companies in Brazil, Chile, and the USA.

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Buyer(S) 1

Buyer

Otodata Wireless Network

Montreal, Quebec, Canada
Category Company
Founded 2010
Sector Test/Measurement Equipment
DESCRIPTION

Otodata Wireless Network provides remote tank monitoring products and services to the residential and commercial propane space in the U.S. and Canada. Otodata also provides asset tracking and theft prevention devices for automobiles in Quebec under the Tag Tracking brand. Otodata Wireless Network was founded in 2010 and is based in Montreal, Quebec.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Wise Telemetry

Pittsburgh, Pennsylvania, United States

Wise Telemetry is a provider of remote monitoring devices and services for the industrial gas industry. Wise Telemetry was founded in 2014 and is based in Pittsburgh, Pennsylvania.

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