Add-on Acquisition • Information Technology

Taggr Acquires Trakk

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	2 of 2
Sector: Information Technology	2 of 2
Type: Add-on Acquisition	2 of 2
Country: Sweden	2 of 2
Year: 2024	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.	Buy	-

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.

Buy

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