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New Deal


Announced

Harbour Group to acquire SpotSee.

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

bluetooth devices

satellite devices

Majority

Friendly

environmental-condition monitoring solutions

Electronic Equipment: Control and Filter

RFID

Acquisition

indicator devices

Private

Pending

Single Bidder

Private Equity

Synopsis

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Harbour Group, a provider of investment advisory services, agreed to acquire SpotSee, developer and manufacturer of environmental-condition monitoring solutions. Financial terms were not disclosed. "We are excited to welcome SpotSee to the Harbour Group family. SpotSee offers a well-recognized and respected brand of products uniquely positioned to serve customers across diverse end markets. In a world where connectivity is in high demand, we are eager to support the SpotSee team as they continue to innovate and launch new products into a growing market. We intend to invest in new product development, new markets, and in complementary acquisitions," Jeff Fox, Harbour Group's Chairman and CEO.

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