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Announced

Completed

Inflexion-backed Radius completed the acquisition of CyntrX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Software

Single Bidder

fleet management solutions

Majority

Completed

Private Equity

Private

Friendly

Acquisition

Synopsis

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Inflexion-backed Radius, a payment and fleet services company, completed the acquisition of CyntrX, a telematics and fleet tracking solutions company. Financial terms were not disclosed. "The acquisition of CyntrX brings to life our ambitions in North America with a like-minded company which has a real focus on developing well supported, user-friendly products for customers," Bill Holmes, Radius CEO.

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