.
MergerLinks Header Logo

New Deal


Announced

Completed

Berwind-backed Clarience Technologies completed the acquisition of ECCO Safety Group.

Financials

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

Tags

Edit

Friendly

Majority

emergency lighting

Acquisition

Private Equity

United States

Completed

Security Equipment

audible warning equipment

Domestic

Single Bidder

Private

Synopsis

Edit

Berwind-backed Clarience Technologies, a family of brands focused on bringing total visibility to commercial and recreational transportatio, completed the acquisition of ECCO Safety Group, a provider of safety lighting and audible warning equipment. Financial terms were not disclosed. "We are thrilled to welcome ESG to Clarience Technologies. The addition of ESG's leading safety and emergency lighting solutions expands and complements our existing offering of lighting technologies and advanced telematics. With this enhanced product lineup, we will deepen and broaden visibility solutions for new and existing customers. ESG has built a strong reputation as an industry leader known for innovation and customer service and we look forward to welcoming ESG associates to the Clarience Technologies family," Brian Kupchella, Clarience Technologies CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US