M&A Deal Summary

TagMaster Acquires Quercus

On December 3, 2024, TagMaster acquired business services company Quercus

Acquisition Highlights
  • This is TagMaster’s 1st transaction in the Business Services sector.
  • This is TagMaster’s 1st transaction in Spain.

M&A Deal Summary
Date 2024-12-03
Target Quercus
Sector Business Services
Buyer(s) TagMaster
Deal Type Add-on Acquisition

Target

Quercus

Reus, Spain
Quercus designs and manufactures advanced video analytics solutions for parking access control and parking information systems that maximize the efficiency of parking facilities and improve the customers’ parking experience. It is a consolidated company in the parking sector with installations worldwide in more than 60 airports, 80 shopping centers, hotels, universities, public institutions, hospitals, condominiums, and offices. Quercus is headquartered in Reus, Spain.

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Buyer(S) 1

Buyer

TagMaster

Kista, Sweden
Category Company
Founded 1994
Sector Information Technology
Employees120
Revenue 405M SEK (2023)
DESCRIPTION

TagMaster is an application-driven technology company that designs and markets advanced sensor systems and solutions based on radio, radar, vision, and magnetic technology for demanding environments. Business areas include Traffic Solutions and Rail Solutions sold under the brands TagMaster and Sensys Networks with innovative mobility solutions in order to increase efficiency, security, convenience and to decrease environmental impact within Smart Cities. TagMaster was founded in 1994 and is based in Kista, Sweden.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Spain) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Citilog

Bagneux, France

Citilog is a provider of intelligent real-time video monitoring for traffic and transportation security and safety. Citilog was founded in 1997 and is based in Bagneux, France.

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