M&A Deal Summary |
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|---|---|
| Date | 2024-09-15 |
| Target | Trimble - Global Transportation Telematics Business Units |
| Sector | Business Services |
| Buyer(s) | Platform Science |
| Sellers(s) | Trimble |
| Deal Type | Divestiture |
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Platform Science is a developer of a fleet management platform that has connected fleets across the nation with the tools they need to take control of their technology. With custom SDK and APIs, Platform Science enables partners and developers to share data, power new applications, and integrate third-party hardware and sensors, creating a real-time, comprehensive view of equipment all in one platform. Platform Science was founded in 2015 and is based in San Diego, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Colorado M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1978 |
| Sector | Information Technology |
| Employees | 12,700 |
| Revenue | 3.8B USD (2023) |
Trimble is a provider of location-based solutions. The Company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide an array of commercial solutions. Trimble's technology serves a variety of industries including agriculture, engineering and construction, transportation and wireless communications infrastructure. Trimble was founded in 1978 and is based in Westminster, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 19 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 19 of 19 |
| State: Colorado M&A | 1 of 1 |
| Country: United States M&A | 18 of 18 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-08 |
Flashtract
Atlanta, Georgia, United States Flashtract delivers specialized technology to streamline the flow of payment and compliance information between construction general contractors and subcontractors. Its technology is used to manage payment applications, lien waivers, and other electronic compliance and billing documentation, eliminating back-and-forth communication and cumbersome document transfers. Flashtract is based in Atlanta, Georgia. |
Buy | - |