Add-on Acquisition • Software

Syncromatics Acquires Mobilitat

On August 15, 2016, Syncromatics acquired software company Mobilitat

Acquisition Context
  • This is Syncromatics’ 1st transaction in the Software sector.
  • This is Syncromatics’ 1st transaction in the United States.
  • This is Syncromatics’ 1st transaction in Wyoming.

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M&A Deal Summary

Date August 15, 2016
Target Mobilitat
Sector Software
Buyer(s) Syncromatics
Deal Type Add-on Acquisition

Target Company

Mobilitat

Green River, Wyoming, United States
Mobilitat is a provider of dispatching and scheduling software products for municipal and private paratransit systems. Mobilitat's Easy Rides software is currently deployed in more than 120 agencies and growing. Mobilitat is headquartered in Green River, Wyoming, with seven employees working virtually in three states.
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Buyer Overview 1

Buyer

Syncromatics

Los Angeles, California, United States

Category Company
Founded 2006
Sector Software
DESCRIPTION

Syncromatics Corp. offers Software as a Service (Saas) based CAD/AVL, real-time passenger information, and passenger counting solutions for bus transportation.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: Wyoming 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1