M&A Deal Summary

SambaSafety Acquires Instructional Technologies

On March 19, 2021, SambaSafety acquired transportation company Instructional Technologies

Acquisition Highlights
  • This is SambaSafety’s 1st transaction in the Transportation sector.
  • This is SambaSafety’s 3rd transaction in the United States.
  • This is SambaSafety’s 1st transaction in Washington.

M&A Deal Summary
Date 2021-03-19
Target Instructional Technologies
Sector Transportation
Buyer(s) SambaSafety
Deal Type Add-on Acquisition

Target

Instructional Technologies

Vancouver, Washington, United States
Instructional Technologies provider of online training to the transportation industry. Instructional Technologies' commitment to training is based on the principles of mastery learning, accurate and automated record keeping, and up-to-date information that ensure personnel have been effectively trained and detailed records kept. Transportation and logistics companies choose ITI because of its automated learning management system, custom training capabilities, flexible lesson methodologies, and engaging 3D animations that improve retention, ensure subject matter mastery and lower the total cost of training. Instructional Technologies was founded in 1995 and is based in Vancouver, Washington.

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Buyer(S) 1

Buyer

SambaSafety

Greenwood Village, Colorado, United States
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

SambaSafety is a provider of Driver Risk Management (DRM) services and Motor Vehicle Records (MVRs) to every industry across the United States. SambaSafety’s innovative Software as a Service (SaaS) solutions provide driver risk technology and information to employers, insurance, background screeners and fleet management companies. This enables companies with commercial and non-commercial fleets to easily identify and address unsafe driving behavior and take the appropriate actions necessary to maintain the safety of drivers, passengers and the communities in which they live and work. Additionally, SambaSafety solutions provide the insights insurance carriers need to accurately price risk throughout the policy lifecycle. SambaSafety was founded in 1998 and is based in Greenwood Village, Colorado.

DEAL STATS #
Overall 3 of 4
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Washington) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-23 Vigillo

Portland, Oregon, United States

Vigillo LLC is a provider of real-time data for analyzing commercial driver and motor carrier safety performance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-28 Collision Management Systems

Milton Keynes, United Kingdom

Collision Management Systems is a SaaS business that uses algorithms to digest and refine telematics data collected from any telematics device (such as a black box, dash camera, or mobile phone), with the aim of enabling insurers and organizations to use the data to reduce insurance and claims costs. Collision Management Systems was founded in 2012 and is based in Milton Keynes, United Kingdom.

Buy -
Mergr

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