M&A Deal Summary |
|
|---|---|
| Date | 2024-10-01 |
| Target | Fleet Complete |
| Sector | Software |
| Buyer(s) | PowerFleet |
| Sellers(s) |
Madison Dearborn Partners
Ontario Teachers Pension Plan |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Technology Hardware |
| Employees | 1,954 |
| Revenue | 134M USD (2023) |
PowerFleet is a manufacturer of communication equipment for wireless M2M solutions to securing, tracking and managing high-value enterprise assets, including industrial vehicles such as forklifts, airport ground support and handling equipment, transportation assets including trailers and containers and even rental car fleets. PowerFleet was founded in 1993 and is based in Woodcliff Lake, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Software M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-10 |
MiX Telematics
Boca Raton, Florida, United States MiX Telematics is a provider of fleet and mobile asset management solutions delivered as SaaS to 838,300 global subscribers spanning more than 120 countries. The company's products and services provide enterprise fleets, small fleets, and consumers with solutions for efficiency, safety, compliance, and security. MiX Telematics was founded in 1996 and is based in Boca Raton, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 31.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 79 of 79 |
| Sector: Software M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 37 of 37 |
| State: Ontario M&A | 4 of 4 |
| Country: Canada M&A | 5 of 5 |
| Year: 2024 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-09 |
Harmonia
McLean, Virginia, United States Harmonia provides innovative technology solutions to the U.S. Federal Government. The company delivers powerful advanced technologies to help federal government clients harness the power of data to ensure mission success. It delivers differentiated solutions for AI/ML, Cybersecurity, Cloud Optimization, and Data Science and Analytics. Harmonia is based in McLean, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-03 |
NFP s Wealth Business
Austin, Texas, United States NFP's Wealth Business comprises Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms. It helps individuals, families, and business owners reach long-term objectives by creating tailored financial plans for saving, investing, retirement, and estate planning. |
Buy | $2.7B |
| Category | Pension |
|---|---|
| Founded | 1990 |
| PE ASSETS | 116.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.
| DEAL STATS | # |
|---|---|
| Overall | 78 of 83 |
| Sector: Software M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 33 of 35 |
| State: Ontario M&A | 7 of 7 |
| Country: Canada M&A | 12 of 12 |
| Year: 2024 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Techem
Eschborn, Germany Techem specializes in smart and sustainable solutions for the real estate industry, focusing on energy efficiency and decarbonization. Techem provides digital services that help reduce energy consumption, improve water management, and increase resource conservation across properties. Techem's comprehensive offerings include remote monitoring systems for heating and water, wireless smoke detectors, and solutions for enhancing energy efficiency in buildings. Techem was founded in 1952 and is based in Eschborn, Germany. |
Sell | €6.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-27 |
Pony.ai
Fremont, California, United States Pony.ai is a technology company committed to revolutionizing transportation worldwide. The company engages in developing safe and reliable technology for autonomous vehicles. Pony.ai was founded in 2016 and is based in Fremont, California. |
Sell | - |
