M&A Deal Summary

Taggr Acquires Trakk

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

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 Trakk
Sector Information Technology
Buyer(s) Taggr
Deal Type Add-on Acquisition

Target

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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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 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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