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New Deal


Announced

Completed

TELEO Capital completed the acquisition of Rand McNally.

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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Private Equity

maps

Auto Technology

United States

car navigation

Acquisition

Single Bidder

Friendly

Domestic

trip planning

Completed

Majority

Private

Synopsis

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TELEO Capital, a private equity firm, completed the acquisition of Rand McNally, a provider of auto technology equipments and services. Financial terms were not disclosed. "We are extremely excited to support the Rand McNally team through this next stage of growth. We fully intend to help grow Rand McNally through organic and acquisitive investment. Our focus will be on breakthrough products and solutions and first-class customer service," Joseph Roark, TELEO Capital Operating Partner.

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