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  6. Smith System Acquires Utilimarc

M&A Deal Summary

Smith System Acquires Utilimarc

On October 7, 2025, Smith System acquired internet software and services company Utilimarc

Acquisition Highlights
  • This is Smith System’s 2nd transaction in the Internet Software and Services sector.
  • This is Smith System’s 3rd transaction in the United States.
  • This is Smith System’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2025-10-07
Target Utilimarc
Sector Internet Software and Services
Buyer(s) Smith System
Deal Type Add-on Acquisition

Target

Utilimarc

Minneapolis, Minnesota, United States
Utilimarc is a fleet analytics company providing a cloud-based platform that unifies telematics, maintenance, and operational data to deliver actionable insights. It empowers fleets to optimize costs, improve safety, and prepare for the transition to electric vehicles. Utilimarc is based in Minneapolis, Minnesota.

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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 4 of 4
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Minnesota M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-11 Brightmile

London, United Kingdom

Brightmile is an app-based telematics & driver engagement solution and runs global driver safety programs with leading multinational enterprises in over 100 countries. Brightmile was founded in 2017 and is headquartered in London, England.

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