M&A Deal Summary

Smith System Acquires Driving Dynamics

On January 6, 2023, Smith System acquired education company Driving Dynamics

Acquisition Highlights
  • This is Smith System’s 1st transaction in the Education sector.
  • This is Smith System’s 2nd transaction in the United States.
  • This is Smith System’s 1st transaction in Delaware.

M&A Deal Summary
Date 2023-01-06
Target Driving Dynamics
Sector Education
Buyer(s) Smith System
Deal Type Add-on Acquisition

Target

Driving Dynamics

Newark, Delaware, United States
Driving Dynamics provides instructor-led, online and behind-the-wheel training solutions for fleet managers and their drivers. Driving Dynamics is based in Newark, Delaware.

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Buyer(S) 1

Buyer

Smith System

Arlington, Texas, United States
Category Company
Founded 1952
Sector Education
DESCRIPTION

Smith System is a provider of accident avoidance driver training for vehicle fleets. Smith’s customers, many of whom are Fortune 500 companies, represent diverse end markets from logistics to pharmaceuticals. Smith System was formed in 1952 and is based in Arlington, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Education) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Delaware) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-10 Driver s Alert

Deerfield Beach, Florida, United States

Driver's Alert, Inc. provides a complete, end-to-end fleet safety management solution that combines real-time driver observation (via vehicle telematics and 1-800 "How's My Driving?"​), comprehensive online safety training, and the industry's best data management and risk identification tools. All functions are integrated through our best-in-class software and in-house professional services.

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