Castik Capital-backed AddSecure completed the acquisition of Connexas Group from Horizon Capital.

Castik Capital-backed AddSecure, a European provider of premium solutions for secure data and critical communications, completed the acquisition of Connexas Group, a provider of connected vehicle technology and fleet management solutions throughout the UK, EU, North America and Australia, from Horizon Capital, a London-based private equity firm. Financial terms were not disclosed. The acquisition of Connexas enables AddSecure to establish a presence for transport and logistics in the UK market, and furthers AddSecure’s strategy of becoming a leading provider of Fleet and Transport Management solutions across Europe.