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  6. Turvo Acquires ODYN

M&A Deal Summary

Turvo Acquires ODYN

On July 31, 2019, Turvo acquired information technology company ODYN

Acquisition Highlights
  • This is Turvo’s 1st transaction in the Information Technology sector.
  • This is Turvo’s 1st transaction in the United States.
  • This is Turvo’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-07-31
Target ODYN
Sector Information Technology
Buyer(s) Turvo
Deal Type Add-on Acquisition

Target

ODYN

Somerville, Massachusetts, United States
ODYN help shippers optimize their in-transit inventory by tracking and analyzing the movement of shipments around the world. ODYN's easy-to-use sensor hardware provides item-level visibility and global connectivity with no infrastructure or integration required. Customers can simply power-up and attach the device to a shipment or pallet, a turn-key process that eliminates time-consuming and costly set-up while providing global reach.

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Buyer(S) 1

Buyer

Turvo

San Mateo, California, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Turvo is a real-time collaborative logistics platform. Turvo platform connects people and organizations across the supply chain, allowing shippers, logistics providers, and carriers to work together in real-time through cloud-based software and mobile applications. Turvo was founded in 2014 ad is based in San Mateo, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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