M&A Deal Summary

Safe Fleet Acquires Seon Design

On September 22, 2014, Safe Fleet acquired electrical equipment company Seon Design

Acquisition Highlights
  • This is Safe Fleet’s 1st transaction in the Electrical Equipment sector.
  • This is Safe Fleet’s 1st transaction in Canada.
  • This is Safe Fleet’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2014-09-22
Target Seon Design
Sector Electrical Equipment
Buyer(s) Safe Fleet
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)

Target

Seon Design

Coquitlam, British Columbia, Canada
Seon develops, manufactures and markets mobile video surveillance systems for the school and transit bus markets. Seon helps transportation managers’ capture, record, view, and wirelessly download on-board security footage, quickly and reliably.

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Buyer(S) 1

Buyer

Safe Fleet

Belton, Missouri, United States
Category Company
Founded 2013
Sector Safety/Security
DESCRIPTION

Safe Fleet is a provider of safety solutions for fleet vehicles. Safe Fleet owns a portfolio of brands that help its customers improve the safety and efficiency of their fleets, their operators, passengers and pedestrians. Safe Fleet was founded in 2013 and is based in Belton, Missouri.

DEAL STATS #
Overall 2 of 15
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 13
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-12 FoamPro - Pentair Water

New Brighton, Minnesota, United States

State-of-the-art, fully automatic, foam proportioning equipment for mobile fire fighting in municipal, industrial, marine and wildland applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-26 Elkhart Brass Manufacturing

Elkhart, Indiana, United States

Elkhart Brass manufactures innovative firefighting equipment. Elkhart has launched innovative products including the first peripheral jet fog nozzle, the first pressure regulating nozzle which maintains a constant water stream in all directions, and the first wireless monitor that allows firefighters to control flow from the safety of the ground.

Buy -
Mergr

Product

Company

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