Merger • Technology Hardware

Rekor Acquires Brekford

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

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 Overview 1

Buyer

Rekor

Columbia, Maryland, United States

Category Company
Founded 2017
Sector Business Services
Employees319
Revenue 46M USD (2024)
DESCRIPTION

Rekor is a professional services firm. 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 Context for Buyer #
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