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  5. Taggr Acquires Trackntrace

M&A Deal Summary

Taggr Acquires Trackntrace

On January 17, 2024, Taggr acquired information technology company Trackntrace

Acquisition Highlights
  • This is Taggr’s 2nd transaction in the Information Technology sector.
  • This is Taggr’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2024-01-17
Target Trackntrace
Sector Information Technology
Buyer(s) Taggr
Deal Type Add-on Acquisition

Target

Trackntrace

Mölndal, Sweden
Trackntrace offers global positioning services to companies, organizations and individuals. Trackntrace have created a powerful tool that allows them to offer their customers a unique solution for tracking and positioning. Through their portal customers can see the units connected to the system at any time, be it a vehicle, a freight transport, a valuable object or a person. Trackntrace was founded in 2006 and is based in Mölndal, Sweden.

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Buyer(S) 1

Buyer

Taggr

Stockholm, Sweden
Category Company
Founded 2019
Sector Information Technology
DESCRIPTION

Taggr transforms analog assets into digital citizens, empowering brownfield equipment to provide valuable insights for your business. Taggr offers an information-collection service, an all-inclusive managed solution designed to simplify the collection of valuable information. Taggr was founded in 2019 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Sweden M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-17 Trakk

Vastra Frolunda, Sweden

Trakk is an automatic driving journal, follow-up and planning with modern IoT technology. Trakk help companies and organizations become more profitable through intelligent technology and world-class smart solutions. Trakk is based in Vastra Frolunda, Sweden.

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