M&A Deal Summary

Trapeze Group Acquires Auriga Communication Systems

On June 2, 2010, Trapeze Group acquired technology hardware company Auriga Communication Systems from Tait Europe

Acquisition Highlights
  • This is Trapeze Group’s 2nd transaction in the Technology Hardware sector.
  • This is Trapeze Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2010-06-02
Target Auriga Communication Systems
Sector Technology Hardware
Buyer(s) Trapeze Group
Sellers(s) Tait Europe
Deal Type Divestiture

Target

Auriga Communication Systems

United Kingdom
Auriga Communication Systems Ltd. is a manufacturer, supplier and installer of fleet management solutions for taxi and private hire companies.

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Buyer(S) 1

Buyer

Trapeze Group

Mississauga, Ontario, Canada

Category Company
Sector Software
DESCRIPTION

Trapeze Group is a software company involved in providing passenger transportation, school transportation and non-emergency medical transportation services


DEAL STATS #
Overall 2 of 9
Sector: Technology Hardware M&A 2 of 3
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 2 of 5
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-09 Action Information Management

Trowbridge, United Kingdom

Action Information Management Ltd. provides geographic information systems (GIS), automatic vehicle location (AVL) and telematics solutions to industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-03 Kizoom Software

London, United Kingdom

Kizoom Software Ltd. is involved in developing and operating of mobile software applications for transport operators as well as selling bespoke customer information software services to public transport companies.

Buy -

Seller(S) 1

SELLER

Tait Europe

Huntingdon, United Kingdom

Category Company
Sector Technology Hardware
DESCRIPTION

Tait Europe Ltd. is a provider of professional radio communication solutions for organizations.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2010 M&A 1 of 1