Announced
Financials
Sources
Tags
Private
Friendly
Domestic
United States
Private Equity
Single Bidder
alcohol monitoring
Majority
Pending
Acquisition
Auto Parts
Synopsis
Apollo, a global alternative asset manager, agreed to acquire Smart Start, a global provider of alcohol monitoring solutions. Financial terms were not disclosed. "Smart Start is at the forefront of improving safety on the road through its innovative alcohol monitoring program. The company’s global footprint and long-term growth prospects in vehicle-based and portable alcohol monitoring align with our strategy to drive measurable impact and financial returns at scale. We look forward to working closely with Matt Strausz and the Smart Start team to increase the impact of Smart Start’s life-saving solutions," Joanna Reiss, Apollo Partner.
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