M&A Deal Summary

Quarterhill Acquires iCOMS Detections SA

On July 18, 2017, Quarterhill acquired technology hardware company iCOMS Detections SA for 1M EUR

Acquisition Highlights
  • This is Quarterhill’s 1st transaction in the Technology Hardware sector.
  • This is Quarterhill’s 4th largest (disclosed) transaction.
  • This is Quarterhill’s 1st transaction in Belgium.

M&A Deal Summary

Date 2017-07-18
Target iCOMS Detections SA
Sector Technology Hardware
Buyer(s) Quarterhill
Deal Type Add-on Acquisition
Deal Value 1M EUR

Target

iCOMS Detections SA

Ottignies-Louvain-la-Neuve, Belgium
iCOMS specializes in the design and manufacture of radar microwave detectors and equipment. The company's products and services are used to detect and count vehicles, bicycles and pedestrians in urban intersections, as speed measurement and warning systems, as traffic counting and data collection systems, and for intelligent lighting. An innovative new radar product, "I-COUNT", has recently been developed to collect speed, size and distance data for multilane applications.

Search 214,557 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Quarterhill

Toronto, Ontario, Canada

Category Company
Founded 1992
Sector Information Technology
Employees467
Revenue 153M USD (2024)
DESCRIPTION

Quarterhill is a diversified investment holding company focused on growing its business by acquiring technology companies in the Industrial Internet of Things ("IIoT") segment across multiple verticals. Quarterhill targets companies with a broad range of products and services that capture, analyze and interpret data, and that have strong financial performance, excellent management teams, strong intellectual property underpinnings and significant opportunities to develop long-term recurring and growing revenue streams. Quarterhill was founded in 1992 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 5
Sector: Technology Hardware M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Belgium M&A 1 of 1
Year: 2017 M&A 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Sensor Line

Schrobenhausen, Germany

Sensor Line GmbH is an Intelligent Transportation Systems (ITS) provider of highly regarded fiber optic traffic sensors for road and rail markets. The company's products are recognized globally as leaders in generating traffic monitoring data used to enhance safety, improve mobility, enable enforcement and reduce the environmental impact within transportation networks. Sensor Line was founded in 1996 and is based in Schrobenhausen, Germany.

Buy CA$6M