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Announced

Fleet Complete to acquire CSI.

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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Mexico

Telecommunications Services: Other

Single Bidder

telematics

Acquisition

Private

Pending

telecommunication

Majority

Friendly

Synopsis

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Fleet Complete, an IoT solutions provider is set to acquire Centro de Soluciones Inalambricas, a telematics solutions provider. Financial terms were not disclosed. "The combination of Fleet Complete and CSI combines outstanding products, state-of-the-art technology and complementary marketing capabilities. We are excited to be part of the Fleet Complete team and look forward to excel together," Emilio Blanco del Villar, CSI CEO.

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