M&A Deal Summary

Volaris Group Acquires Smartrak Holdings

On May 31, 2017, Volaris Group acquired software company Smartrak Holdings

Acquisition Highlights
  • This is Volaris Group’s 16th transaction in the Software sector.
  • This is Volaris Group’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2017-05-31
Target Smartrak Holdings
Sector Software
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

Smartrak Holdings

Waikato, New Zealand
Smartrak Holdings Ltd. software providers of telematics solutions in Australia and New Zealand. Smartrak’s fleet management and safety location-based solutions are used in more than 23,000 assets, across 300 plus private, government and emergency services across Australasia.

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Buyer(S) 1

Buyer

Volaris Group

Mississauga, Ontario, Canada
Category Company
Sector Software
DESCRIPTION

Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions.

DEAL STATS #
Overall 20 of 76
Sector (Software) 16 of 50
Type (Add-on Acquisition) 16 of 67
Country (New Zealand) 1 of 2
Year (2017) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-09 ShipNet A/S

Oslo, Norway

ShipNet A/S is a provider of enterprise resource planning (ERP) shipping solutions to the marine industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-19 BBT Software AG

Zermatt, Switzerland

BBT Software AG is a provider of Insurance software based in Switzerland. BBT Software was founded in 1996 and is based in Zermatt, Switzerland.

Buy -
Mergr

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