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  6. PeopleNet Communications Acquires Cadec Global

M&A Deal Summary

PeopleNet Communications Acquires Cadec Global

On May 26, 2015, PeopleNet Communications acquired software company Cadec Global

Acquisition Highlights
  • This is PeopleNet Communications’ 1st transaction in the Software sector.
  • This is PeopleNet Communications’ 1st transaction in the United States.
  • This is PeopleNet Communications’ 1st transaction in New Hampshire.

M&A Deal Summary
Date 2015-05-26
Target Cadec Global
Sector Software
Buyer(s) PeopleNet Communications
Deal Type Add-on Acquisition

Target

Cadec Global

Manchester, New Hampshire, United States
Cadec Global, Inc. is a provider of up-to-the-minute driver and vehicle data to enable companies to maximize the value of their private fleets and improve customer service. The company's SaaS-based fleet management system integrates wireless communications, mobility technology and business applications to connect private fleets with their drivers and trucks for unprecedented levels of visibility, automation and supply chain management.

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Buyer(S) 1

Buyer

PeopleNet Communications

Minnetonka, Minnesota, United States
Category Company
Founded 1994
Sector Communications
Employees240
DESCRIPTION

PeopleNet Communications Corp.,a mobile communications and onboard computing provider in the business. Serving the unique and specific needs of fleets coast-to-coast and throughout Canada, PeopleNet is known for the customer-driven innovation, unparalleled flexibility, leading edge technology and proactive customer care that gives fleets a real business edge.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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