M&A Deal Summary

Rekor Acquires Brekford

On August 29, 2017, Rekor acquired technology hardware company Brekford

Acquisition Highlights
  • This is Rekor’s 1st transaction in the Technology Hardware sector.
  • This is Rekor’s 1st transaction in the United States.
  • This is Rekor’s 1st transaction in Maryland.

M&A Deal Summary

Date 2017-08-29
Target Brekford
Sector Technology Hardware
Buyer(s) Rekor
Deal Type Merger

Target

Brekford

Hanover, Maryland, United States
Brekford Corp. is a public safety and security technology service provider of fully integrated automated traffic safety enforcement ("ATSE") solutions, parking and traffic enforcement solutions, and an end-to-end suite of technology solutions for public safety vehicles and mobile worker.

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Buyer(S) 1

Buyer

Rekor

Columbia, Maryland, United States

Category Company
Founded 2017
Sector Business Services
Employees347
Revenue 35M USD (2023)
DESCRIPTION

Rekor is a professional services firms. Rekor focuses on the logistics of procuring highly-specialized human resources and delivering critical definitive knowledge to the right place at the right time. Rekor was founded in 2017 and is based in Columbia, Maryland.


DEAL STATS #
Overall 1 of 5
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 5
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-22 Global Technical Services

Fort Worth, Texas, United States

Global Technical Services, Inc. is a provider of premier contract and direct hire staffing services to the following industries: Aviation Maintenance, Aerospace, Electronics, and Defense.

Buy $4M