M&A Deal Summary

SpotSee Acquires Marathon Products

On May 2, 2023, SpotSee acquired technology hardware company Marathon Products

Acquisition Highlights
  • This is SpotSee’s 1st transaction in the Technology Hardware sector.
  • This is SpotSee’s 3rd transaction in the United States.
  • This is SpotSee’s 1st transaction in California.

M&A Deal Summary
Date 2023-05-02
Target Marathon Products
Sector Technology Hardware
Buyer(s) SpotSee
Deal Type Add-on Acquisition

Target

Marathon Products

San Leandro, California, United States
Marathon Products is a provider of temperature environmental sensors for low- and high-temperature applications, including monitoring the cold chain, wireless devices, connectivity to phone apps, and cloud gateways. The company supplies companies of all sizes and all around the globe with environmental sensor products. Marathon Products

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Buyer(S) 1

Buyer

SpotSee

Dallas, Texas, United States
Category Company
Founded 1976
Sector Technology Hardware
DESCRIPTION

SpotSee develops and manufactures shock, vibration, temperature, and other environmental condition monitoring solutions for in-transit, in-plant, and in-storage applications. The company offers a broad portfolio of branded products including indicator devices, RFID, Bluetooth, satellite, and cellular-connected devices that provide real-time tracking, monitoring, and reporting capabilities. SpotSee was founded in 1976 and is based in Dallas, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (California) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 Biosynergy

Elk Grove Village, Illinois, United States

Biosynergy is a developer of indicators which monitor temperature sensitive medical devices and pharmaceutical products. The company also distributes two other products specifically designed to assist in the protection and administration of temperature sensitive materials. Biosynergy is based in Elk Grove Village, Illinois.

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