M&A Deal Summary

Track Group Acquires Emerge Monitoring

On June 3, 2014, Track Group acquired technology hardware company Emerge Monitoring from Bankers Financial for 7M USD

Acquisition Highlights
  • This is Track Group’s 4th transaction in the Technology Hardware sector.
  • This is Track Group’s 2nd largest (disclosed) transaction.
  • This is Track Group’s 5th transaction in the United States.
  • This is Track Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2014-06-03
Target Emerge Monitoring
Sector Technology Hardware
Buyer(s) Track Group
Sellers(s) Bankers Financial
Deal Type Divestiture
Deal Value 7M USD

Target

Emerge Monitoring

Naperville, Illinois, United States
Emerge Monitoring, Inc. is a provides proprietary offender monitoring technologies and related solutions to empower the criminal justice community with proven alternatives to incarceration.

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Buyer(S) 1

Buyer

Track Group

Salt Lake City, Utah, United States

Category Company
Sector Technology Hardware
Employees206
DESCRIPTION

Track Group, Inc. is a provider of global tracking and monitoring services.


DEAL STATS #
Overall 6 of 7
Sector (Technology Hardware) 4 of 4
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 5 of 5
Year (2014) 2 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-20 GPS Global Tracking and Surveillance System

Kfar Saba, Israel

GPS Global Tracking and Surveillance System Ltd. is a developer and provider of locating, tracking, tracing, monitoring and surveillance solutions of offenders, vehicles, facilities and human resources.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-26 G2 Research

Dartmouth, Nova Scotia, Canada

G2 Research Ltd. is a provider of analytical software with solutions ranging from data analysis and reporting to advanced predictive analytics.

Buy CA$5M

Seller(S) 1

SELLER

Bankers Financial

St. Petersburg, Florida, United States

Category Company
Founded 1976
Sector Insurance
DESCRIPTION

Bankers Financial Corp. is an insurance services provider.


DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Bankers Life Insurance

St. Petersburg, Florida, United States

Bankers Life Insurance Co. is a provider of annuity options.

Sell -