Geotab Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Geotab Inc. is a global provider of telematics solutions and fleet management technology. The company has emerged as an industry pioneer, specializing in harnessing the power of data and connectivity to enhance the efficiency, safety, and sustainability of fleet operations. Geotab's advanced platform empowers businesses of all sizes to gain real-time insights, make data-driven decisions, and optimize their fleets' performance, ultimately contributing to increased productivity and reduced operational costs. Product Breakdown: Geotab Inc. offers a comprehensive suite of telematics and fleet management solutions that cater to diverse industries and fleet sizes. 1. Geotab GO Device: The Geotab GO device represents the cornerstone of our telematics solutions. This state-of-the-art device plugs into a vehicle's OBD-II port, capturing and transmitting real-time data. It provides crucial vehicle information, including GPS location, engine diagnostics, and driver behavior insights. The Geotab GO device ensures fleet managers have access to critical data for better decision-making. 2. MyGeotab Platform: Our MyGeotab platform serves as the central hub for fleet management. With an intuitive and user-friendly interface, fleet managers can access and analyze telematics data effortlessly. The platform offers real-time monitoring of vehicle health, driver performance, fuel consumption, and even track vehicle routes on interactive maps, enabling businesses to optimize their fleet operations effectively. 3. Fleet Optimization Add-Ins: To further enhance the capabilities of the MyGeotab platform, we offer fleet optimization add-ins. These add-ins provide specialized functionalities, including route optimization to streamline vehicle routes, fuel usage tracking to identify cost-saving opportunities, accident reconstruction to understand and prevent incidents, and maintenance management tools to ensure fleet health. 4. Driver Safety Solutions: At Geotab, we prioritize driver safety. Our driver safety solutions are designed to improve driver behavior and reduce the risk of accidents. Real-time coaching, risk scoring, and driver feedback mechanisms are incorporated to promote safer driving habits, ultimately leading to safer and more efficient fleets. 5. Electric Vehicle (EV) Fleet Management: As the adoption of electric vehicles (EVs) grows, we offer specialized solutions for managing electric vehicle fleets. Our EV fleet management solutions monitor battery health, manage EV charging stations, and provide route planning to optimize electric vehicle usage, supporting businesses in their transition to sustainable and eco-friendly operations. 6. Integration Ecosystem: Recognizing that every business has unique needs, we offer an integration ecosystem that allows seamless integration with a wide array of third-party applications and technologies. Businesses can customize their fleet management system by combining Geotab's data with other software and services, ensuring a tailored solution that suits their requirements.
Keywords
Keywords
Classified
Private