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  5. RS Connect Acquires eDrive

M&A Deal Summary

RS Connect Acquires eDrive

On April 19, 2016, RS Connect acquired technology hardware company eDrive

Acquisition Highlights
  • This is RS Connect’s 2nd transaction in the Technology Hardware sector.
  • This is RS Connect’s 1st transaction in Ireland.

M&A Deal Summary
Date 2016-04-19
Target eDrive
Sector Technology Hardware
Buyer(s) RS Connect
Deal Type Add-on Acquisition

Target

eDrive

Waterford, Ireland
eDrive is a telematics installation company.

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Buyer(S) 1

Buyer

RS Connect

Coldfield, United Kingdom
Category Company
Founded 1988
Sector Automotive
DESCRIPTION

RS Connect is a provider of vehicle installation services, specialising in fitting telematics, security, and communication equipment for fleet operators. RS Connect was founded in 1988 and is based in Coldfield, United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Ireland M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Signals

South Wales, Australia

Signals is an installer of telematics devices and related technology, particularly for the blue light emergency services.

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