Announced
Completed
Financials
Sources
Tags
United States
Software
risk management software
Private Equity
Single Bidder
Friendly
Acquisition
Completed
Domestic
Majority
Private
Synopsis
Stone Point Capital, an investment firm based in Greenwich, completed the acquisition of SambaSafety, a North American provider of cloud-based mobility risk management software, from ABRY Partners, a private equity firm. Financial terms were not disclosed. Through the collection, correlation, and analysis of driver data and information, SambaSafety helps employers identify high-risk drivers and enforce safety policies, insurers to make informed decisions, and background screeners to perform accurate, efficient pre-hire checks. SambaSafety is the digital driver risk management partner of choice for many of the world’s largest organizations with over 15k customers.
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